Interest Rates - Iowa Finance Authority
HomeProgramsContact Us

Interest Rates

Interest rates as of 11:25 AM, Saturday, February 4, 2012Print

  Government Loan (FHA/VA/RD) MyCommunity®/HomePossible® Conventional Loan (With 720+ Credit Score) *
FirstHome
Rate 3.5% 3.75% 3.75%
Origination Fee 0.0% 0.0% 0.0%
Discount Points 0.0% 0.0% 0.0%
Secondary Market Fee ** 0.0% 1.25% 0.75%
FirstHome Plus
Rate 4.0% 4.25% 4.25%
Origination Fee 0.0% 0.0% 0.0%
Discount Points 0.0% 0.0% 0.0%
Secondary Market Fee ** 0.0% 1.25% 0.75%
Homes for Iowans ***
Rate 3.875% 3.875% 3.875%
Origination Fee 0.0% 0.0% 0.0%
Discount Points 0.0% 0.0% 0.0%
Secondary Market Fee ** 0.0% 1.25% 0.75%
* Conventional loans - reserve as MyCommunity/HomePossible if below 720 credit score.
** Secondary Market fee (conventional loans) includes loan level price and adverse market fees.
***   FirstHome Plus is not available through the Homes for Iowans program. Manufactured housing restricted to government mortgages. Condominiums are restricted to government or MyCommunity conventional mortgages.
  Manufactured housing is restricted to government mortgages.
© Copyright 1997-2012 Iowa Finance Authority | All Rights Reserved
PrintTop
Powered by SiteViz
© Copyright 1997-2012 Iowa Finance Authority | All Rights Reserved