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 Home4.750%*N/A
First Home Targeted4.750%*5.250%*
First Home5.000%*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.