Interest Rates - Homeownership Program
One of the benefits of a NIFA Homeownership program loan is our competitively priced interest rate options. The Homeownership program offers financing for first mortgage loans at fixed interest rates with a 30-year term and a 0% origination fee and 0% discount fee. Our Homebuyer Assistance loan program has a fixed interest rate with a 10-year term.
Program
Name | Government
Loan Rate | Conventional
Loan Rate |
---|
Military Home | 4.750%* | N/A |
First Home Targeted | 4.750%* | 5.250%* |
First Home | 5.000%* | 5.500%* |
Homebuyer Assistance (HBA) | 5.500%* - 1st loan
1.000%* - 2nd loan | 6.000%* - 1st loan
1.000%* - 2nd loan |
Last changed 06/24/22 at 9:00 a.m
*This is not an advertisement for credit as defined in Reg.Z; contact a participating NIFA lender for Annual Percentage Rate (APR) information. Rates are subject to change without prior notice.