Special offer

Iowa First-Time Homebuyer Mortgage Rate Information for May 1, 2014

By
Real Estate Agent with Grampp Realty: Real Estate in the Quad-Cities Iowa : # S40848000

Current Iowa Finance Authority (IFA) Interest Rates

(As of Thursday May 1, 2014):

"Call Paul" @ (563) 508-1649 for Details

IOWA FINANCE AUTHORITY RATE WATCH:

The Iowa Finance Authority's interest rates as of

Thursday May 1, 2014 at 2:00 P.M. are below.

 

IOWA FINANCE AUTHORITY RATE CHANGE

 

The Iowa Finance Authority's interest rates as of Thursday, May 1, 2014 at 2:00 p.m. are below.

 

Get rates online any time, and view the printable version at:

 

IowaFinanceAuthority.gov/Rates. Mortgage rate lock-in period is 60 days. In the event reservation period expires, the loan may be relocked within ten days of scheduled closing at higher of original or current rate and fees, as applicable.

 

 

FirstHome

Government Loan (FHA/VA/RD)

HFA Preferred®

Rate

3.75%

4.375%

Origination Fee

Up to 1%

Up to 1%

Discount Point

0

0

SMF**

None

0.25%

 

 

 

FirstHome Plus

Government Loan (FHA/VA/RD)

HFA Preferred®

Rate

4.25%

4.75%

Origination Fee

Up to 1%

Up to 1%

Discount Point

0

0

SMF**

None

0.25%

 

 

 

Homes for Iowans

Government Loan (FHA/VA/RD)

HFA Preferred®

Rate

3.75%

4.375%

Origination Fee

Up to 1%

Up to 1%

Discount Point

0

0

SMF**

None

0.25%

 

 

 

Homes for Iowans Plus

Government Loan (FHA/VA/RD)

HFA Preferred ®

Rate

4.25%

4.75%

Origination Fee

Up to 1%

Up to 1%

Discount Point

0

0

SMF**

None

0.25%

 

  • All loans subject to minimum 640 credit score (except where no credit score, non-traditional credit documentation allowed.) *Note: This is a minimum requirement; a higher score may be required in some circumstances. Follow agency guidelines for loan type or type of housing (e.g. manufactured housing).
  • **Secondary Market fee (conventional loans) is a one-time fee that includes only adverse market fees. There are no loan level price adjustments with the HFA Preferred product.
  • Manufactured housing restricted to government mortgages.

 

 

 

 

"Call Paul" @ (563) 508-1649 for Details

No-Cost, NO Obligation Home Loan Pre-Approval Help for all types of Loans.

Please feel free to give me a call me ANYTIME @ (563) 508-1649

For answers to any/all of your Real Estate questions!!

Posted by
Paul David Hiebing, REALTOR®

"The Quad-Cities Premier First-Time Homebuyer's Specialist"
 
"Call Paul" @ (563) 508-1649 for all of your real estate needs.

Licensed Real Estate Agent in the State of Iowa 
Licensed Real Estate Broker in the State of Illinois

Grampp Realty of Bettendorf, Iowa
2500 18th Street
Bettendorf, Iowa 52722
Office Phone:(563) 359-4401 Ext # 264
Cell Phone: (563) 508-1649
Office Fax: (563) 359-4405

Comments (0)