COVID-19 Pandemic - Update #20-06

COVID-19 Pandemic - Update #20-06

Current rates

Program
Name
Conventional
Loan Rate
Government
Loan Rate
Military Home N/A 6.000%*
First Home Targeted 6.500%* 6.000%*
First Home 6.750%* 6.250%*
Homebuyer Assistance (HBA) 7.000%* - 1st loan
1.000%* - 2nd loan
6.500%* - 1st loan
1.000%* - 2nd loan
Welcome Home++ 7.500%* 7.000%*
Welcome Home Assistance (WHA)++ 7.750%* - 1st loan
1.000%* - 2nd loan
7.250%* - 1st loan
1.000%* - 2nd loan

Last changed 04/29/2024 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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Mar 16, 2020

COVID-19 Pandemic - Update #20-06

Program Update #20-06 dated 3/17/20

NIFA continues to monitor the situation of the COVID-19 pandemic with the health and safety of our staff, partners, and community members as our top priority.

At this time, the NIFA offices in Lincoln and Omaha remain open and we are conducting business.  However, NIFA has suspended all work-related travel by its employees and in-person meetings with those we serve until further notice.  In person visitors to either NIFA office are discouraged.

If the situation arises for the Homeownership Team to perform work duties remotely, we have a plan in place to continue with program updates, loan file reviews, pipeline management and technical support for Participating Lenders.  We will communicate the plan immediately if this situation occurs.

Our dedicated staff remains ready and able to assist you via telephone or email to address your program needs.  We appreciate your understanding during this time.