$200,000 of Grant Funds Allocated to First Time Buyers!

$200,000 of Grant Funds Allocated to First Time Buyers!

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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$200,000 of Grant Funds Allocated to First Time Buyers!

NIFA has successfully allocated the entire $200,000 funding amount for the First Home Grant Program (“the Program”). The Program assisted 40 households earning equal to or less than 50% of the area median income with a $5,000 grant to purchase homes located in urban and rural communities across Nebraska (30 urban, 10 rural). 

There is no additional funding available for the Program at this time. NIFA will send out an announcement if more funding becomes available. Please note that all other NIFA Homeownership Programs have a continual funding supply.   

Feel free to reach out to anyone on the Homeownership Team with questions. Thanks for your support of our Programs! 

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