New Income & Purchase Price Limits - Update #21-13

New Income & Purchase Price Limits - Update #21-13

Current rates

Program
Name
Government
Loan Rate
Conventional
Loan Rate
Military Home2.250%*N/A
First Home Targeted2.250%*2.750%*
First Home2.500%*3.000%*
Homebuyer Assistance (HBA)3.000%* - 1st loan
1.000%* - 2nd loan
3.500%* - 1st loan
1.000%* - 2nd loan

Last changed 11/18/21 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. 

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New Income & Purchase Price Limits - Update #21-13

Program Update #21-13

NIFA is announcing new household income limits and purchase price limits for all Homeownership Programs.  The new limits are effective for all loans with a reservation date in Lender Online that is on and after May 1, 2021.

Please let us know if you have any questions.