Homeownership Program Update: Seller Closing Disclosure Requirement

Homeownership Program Update: Seller Closing Disclosure Requirement

Current rates

Program
Name
Government
Loan Rate
Conventional
Loan Rate
Military Home2.375%*N/A
First Home Targeted2.375%*2.750%*
First Home2.625%*3.000%*
Homebuyer Assistance (HBA)3.125%* - 1st loan
1.000%* - 2nd loan
3.500%* - 1st loan
1.000%* - 2nd loan

Last changed 10/26/21 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. 

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Homeownership Program Update: Seller Closing Disclosure Requirement

In April 2021 NIFA began to require the Seller Closing Disclosure executed by seller with every transaction. Based on feedback received from our lender partners, we updated our requirement. 
 
Download the update to see more details and also read up on some important reminders from the Homeownership Compliance team! We want to help you receive faster approvals on your file submissions!
 
Thanks for your support of our Programs!

Download Program Update