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

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

Current rates

Program
Name
Conventional
Loan Rate
Government
Loan Rate
Military Home N/A 5.375%*
First Home Targeted 5.875%* 5.375%*
First Home 6.125%* 5.625%*
Homebuyer Assistance (HBA) 6.375%* - 1st loan
1.000%* - 2nd loan
5.875%* - 1st loan
1.000%* - 2nd loan
Welcome Home++ 6.875%* 6.375%*
Welcome Home Assistance (WHA)++ 7.125%* - 1st loan
1.000%* - 2nd loan
6.625%* - 1st loan
1.000%* - 2nd loan

Last changed 03/25/2024 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.

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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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