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 HomeN/A5.625%*
First Home Targeted6.125%*5.625%*
First Home6.375%*5.875%*
6.625%* - 1st loan
1.000%* - 2nd loan
6.125%* - 1st loan
1.000%* - 2nd loan
6.875%*6.375%*
7.125%* - 1st loan
1.000%* - 2nd loan
6.625%* - 1st loan
1.000%* - 2nd loan

Last changed 12/1/22 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. 

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