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Interest Rates

Interest rates as of 07:19 AM, Monday, May 21, 2012Print

FirstHome Government Loan (FHA/VA/RD) HFA Preferred
Rate 3.75% 3.75%
Origination Fee 0.0% 0.0%
Discount Points 0.0% 0.0%
Secondary Market Fee ** None 0.25%
FirstHome Plus Government Loan (FHA/VA/RD) HFA Preferred
Rate 4.25% 4.25%
Origination Fee 0.0% 0.0%
Discount Points 0.0% 0.0%
Secondary Market Fee ** None 0.25%
Homes for Iowans *** Government Loan (FHA/VA/RD) MyCommunity®/HomePossible®
Rate 3.875% 3.875%
Origination Fee 0.0% 0.0%
Discount Points 0.0% 0.0%
Secondary Market Fee ** None 1.0%
** 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.

  IFA mortgages are subject to minimum 620 credit score unless no credit score where non-traditional credit is an option.
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