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Iowa Finance Authority Single Family News for November 14, 2012

By Paul David Hiebing

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

November 15, 2012 01:15 AM

November 14, 2012

IOWA FIRST-TIME HOME-BUYER ALERT:

"Call Paul" TODAY @ (563) 508-1649

For All Of The Details!!!

IOWA FINANCE AUTHORITY RATE WATCH

The Iowa Finance Authority's interest rates as of Wednesday, November 14, 2012 at 11:00 a.m. are below.

Get rates online, any time at: IowaFinanceAuthority.gov.

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	3.25%	3.5%
Origination Fee	0	0
Discount Point	0	0
SMF**	None	0.25%

FirstHome Plus	Government Loan (FHA/VA/RD)	HFA Preferred®
Rate	3.75%	3.75%
Origination Fee	0	0
Discount Point	0	0
SMF**	None	0.25%

Homes for Iowans***	Government Loan (FHA/VA/RD)	HFA Preferred®
Rate	3.25%	3.5%
Origination Fee	0	0
Discount Point	0	0
SMF**	None	0.25%

Homes for Iowans Plus	Government Loan (FHA/VA/RD)	HFA Preferred ®
Rate	3.75%	3.75%
Origination Fee	0	0
Discount Point	0	0
SMF**	None	0.25%

All loans subject to minimum 620 credit score (except where no credit score, non-traditional credit documentation allowed.)
Secondary Market fee (conventional loans) includes loan level price and adverse market fees.
Manufactured housing restricted to government mortgages.

"Call Paul" TODAY @ (563) 508-1649

For All Of The Details!!!