Program Name |
Conventional Loan Rate |
Government Loan Rate |
---|---|---|
Military Home | N/A | 5.625%* |
First Home Targeted | 6.250%* | 5.625%* |
First Home | 6.500%* | 5.875%* |
Homebuyer Assistance (HBA) | 6.750%* - 1st loan 1.000%* - 2nd loan |
6.125%* - 1st loan 1.000%* - 2nd loan |
Welcome Home++ | 7.250%* | 6.625%* |
Welcome Home Assistance (WHA)++ | 7.500%* - 1st loan 1.000%* - 2nd loan |
6.875%* - 1st loan 1.000%* - 2nd loan |
Last changed 05/07/2024 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.
Program Update #19-09, e-Signature Policy Changes
NIFA is excited to announce updates to our current e-Signature policy. We have expanded the list of eligible program documents to align with US Bank Home Mortgage Lender Announcement L-2018-077 – eSign Acceptance Enhancements.
If your organization has not submitted for approval to use e-Signatures on NIFA program documents or recertification of existing approval is necessary, please click here to view the requirements and documents for submission.
Email all requests for e-Signature approval or recertification to the NIFA Homeownership Team at homeownership@nifa.org.