Natural Disaster Program - Update #19-18

Natural Disaster Program - Update #19-18

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.

Natural Disasters Home / About Lender Real Estate Agent

Natural Disaster Program - Update #19-18

Program Update #19-18 dated 6/11/19

NIFA is announcing new mortgage rates for our Natural Disaster Program ("NDP") launched on April 18, 2019 (Program Update #19-12).  The new NDP rates are effective immediately.  Please refer to Appendix I for borrower eligibility requirements, income and purchase price limits.

There is $2.3 million available in funding.  Loan applications will be processed on a first-come, first-serve basis.