New Income and Purchase Price Limits!

New Income and Purchase Price Limits!

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.

Home / About Homebuyer Lender Real Estate Agent Community Development

May 02, 2021

New Income and Purchase Price Limits!

cid:image012.png@01D74024.742BB220

NIFA Partners,

The Homeownership Team released new income and purchase price limits for all programs! These limits are effective as of 5/1/2021.

Please view the new limits HERE!

Contact our team if you have additional questions. We appreciate you!

homeownership@nifa.org