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 6.000%* 5.375%*
First Home 6.250%* 5.625%*
Homebuyer Assistance (HBA) 6.500%* - 1st loan
1.000%* - 2nd loan
5.875%* - 1st loan
1.000%* - 2nd loan
Welcome Home++ 6.750%* 6.125%*
Welcome Home Assistance (WHA)++ 7.000%* - 1st loan
1.000%* - 2nd loan
6.375%* - 1st loan
1.000%* - 2nd loan

Last changed 02/08/2023 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.