Program Compliance Review Changes - Update #19-10
Current rates
| 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.
News Types
Feb 14, 2019
Program Compliance Review Changes - Update #19-10
Program Update #19-10 dated 02/15/19
NIFA is announcing changes to our program compliance review process. All changes apply to loan reservations dated March 1, 2019 and after.
Participating Lenders have the option to use the revised documents immediately. The documents are available in Word or Excel format upon request. All PDF documents will be available in Lender Online by 2/22/19.
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