Announcing new NIFA homebuyer income and purchase price limits
Current rates
| Program Name |
Conventional Loan Rate |
Government Loan Rate |
|---|---|---|
| Military Home | N/A | 5.875%* |
| First Home Targeted | 6.375%* | 5.875%* |
| First Home | 6.625%* | 6.125%* |
| Homebuyer Assistance (HBA) | 6.875%* - 1st loan 1.000%* - 2nd loan |
6.375%* - 1st loan 1.000%* - 2nd loan |
| Welcome Home++ | 7.375%* | 6.875%* |
| Welcome Home Assistance (WHA)++ | 7.625%* - 1st loan 1.000%* - 2nd loan |
7.125%* - 1st loan 1.000%* - 2nd loan |
Last changed 04/18/2024 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.
News Types
Homebuyer Lender Real Estate Agent Home / About
Jul 13 2023
Announcing new NIFA homebuyer income and purchase price limits
NIFA is pleased to announce new income limits and purchase price limits for the First Home and Welcome Home programs! The new, increased limits are effective for all loans reserved in Lender Online on and after July 13, 2023.
The new program limits are listed on the appropriate pages of the Homebuyers and Renters section of NIFA's website. The Information Sheet posted under program documents in Lender Online also includes the new limits.
Initial Recapture Tax Notice: The Initial Recapture Tax Notice delivered at loan application has been updated with the date of 7/13/2023. Participating Lenders can use the updated notice immediately and will be required to use it for all loans reserved on or after August 1, 2023.
Contact homeownership@nifa.org with any questions.
1230 “O” Street, Suite 200
Lincoln, NE 68508-1402
Office Hours
Monday - Friday, 8a - 5p
© NIFA 2021