Interest Rates - Homeownership Program

One of the benefits of a NIFA Homeownership program loan is our competitively priced interest rate options. NIFA Homeownership programs offer financing for mortgage loans at fixed interest rates with a 30-year term. Our Assistance loan programs offer a fixed interest rate with a 10-year term.

Program
Name		 Conventional
Loan Rate		 Government
Loan Rate
Military Home N/A 5.375%*
First Home Targeted 5.875%* 5.375%*
First Home 6.125%* 5.625%*
Homebuyer Assistance (HBA) 6.375%* - 1st loan
1.000%* - 2nd loan		 5.875%* - 1st loan
1.000%* - 2nd loan
Welcome Home+ 6.750%* 6.250%*
Welcome Home Assistance (WHA)+ 7.000%* - 1st loan
1.000%* - 2nd loan		 6.500%* - 1st loan
1.000%* - 2nd loan
Build Home++ Varies* Varies*
Refinance Home 7.500%* 7.000%*

Last changed 04/09/2026 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. 

+An origination fee up to 0.50% of the loan amount may be charged by Lender.

++ Interest rate based on program eligibility. See program details.