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Build Home Program

Current rates

Program
Name		 Conventional
Loan Rate		 Government
Loan Rate
Military Home N/A 5.125%*
First Home Targeted 5.500%* 5.125%*
First Home 5.750%* 5.375%*
Homebuyer Assistance (HBA) 6.000%* - 1st loan
1.000%* - 2nd loan		 5.625%* - 1st loan
1.000%* - 2nd loan
Welcome Home++ 6.375%* 6.000%*
Welcome Home Assistance (WHA)++ 6.625%* - 1st loan
1.000%* - 2nd loan		 6.250%* - 1st loan
1.000%* - 2nd loan
Refinance Home 7.125%* 6.750%*

Rates Page

Last changed 03/06/2026 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.

  1. Home - Nebraska Investment Finance Authority
  2. Lenders & Realtors
  3. Build Home Program

Build Home Program for Lenders & Realtors

A 180-Day Rate Lock Tool for New Construction Buyers

The NIFA Build Home Program gives lenders and Realtors a practical way to support buyers who want to build new homes in Nebraska. By offering an extended 180-day interest rate lock on eligible NIFA loans, Build Home allows you to structure new construction financing with greater confidence by using the same familiar NIFA programs, standards, and pricing you already know.

This program helps you serve buyers navigating longer construction timelines by securing the interest rate for a longer term and setting clear expectations from contract to closing.


How Build Home Supports Your Homebuyers

The Build Home Program is designed as an enhancement to NIFA’s existing loan offerings instead of a separate or unfamiliar product. Eligible borrowers use the same core NIFA programs, with the added benefit of an extended rate lock during construction.

With Build Home, you can:

  • Offer qualified buyers a 180-day rate lock while their home is under construction
  • Use existing NIFA programs such as First Home or Welcome Home
  • Maintain the same credit, income, and purchase price standards already in place
  • Support buyers building single-family homes across Nebraska, including rural areas

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Key Program Advantages

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Partner With NIFA

Participating lenders and Realtors play a key role in making the Build Home Program successful. NIFA provides program guidance, borrower-facing materials, and ongoing support to help you confidently present Build Home as an option for eligible buyers.

To get started or confirm participation, connect with NIFA's homeownership team or review available partner resources.

Learn More About Build Home