Iowa First-Time Homebuyer Mortgage Rate Information: June 16, 2015

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

 

IOWA FINANCE AUTHORITY RATE WATCH: 

The Iowa Finance Authority's interest rates as of

  Tuesday June 16, 2015 at 10:30 A.M. are below. 

"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! 

 

 
Government Insured  
Conventional
 Conventional

FirstHome*

FHA/VA/RD

HFA Preferred

No MI Risk Sharing 

Rate

3.75%

4.125%

 4.625%

Origination Fee

Up to 1%

Up to 1%

 Up to 1% 

Discount Point

0

0

 0

SMF**

None

0.25%

 0.25% 

 

     

FirstHome Plus

 

   

  

Rate

4.25%

4.625%

 5.125%

Origination Fee

Up to 1%

Up to 1%

 Up to 1% 

Discount Point

0

0

 0

SMF**

None

0.25%

 0.25%

 

     

Homes for Iowans*

  

  

  

Rate

3.875%

4.25%

 4.75%

Origination Fee

Up to 1%

Up to 1%

 Up to 1% 

Discount Point

0

0

 0

SMF**

None

0.25%

 0.25%

 

 

 

 

Homes for Iowans Plus

  

  

  

Rate

4.5%

4.75%

 5.25%

Origination Fee

Up to 1%

Up to 1%

 Up to 1% 

Discount Point

0

0

 0

SMF**

None

0.25%

 0.25%


*Please see the Iowa Finance Authority Program and Conventional Product parameters for additional eligibility information.

**Secondary Market Fee consists of a one-time Adverse Market Delivery Charge set by Fannie Mae. There are no Loan Level Price Adjustments (LLPAs) with IFA's Conventional Products.
  
Once a bona-fide purchase agreement has been executed, rates may be locked for 60 days by an IFA Participating Lender using our online lender portal, Lender Online. The applicable mortgage loan must close during the lock period and must be delivered to IFA's servicer within 30 days of closing to receive the rate and pricing listed above.  

 

For more information on how The Iowa Finance Authority can help you achieve your dream of home ownership, go to: http://www.iowafinanceauthority.gov/

"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

 

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
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Paul David Hiebing

Quad-City REALTOR®, @ Grampp, Realty of The Q.C.
Feel free to ask me any question about Quad-Cities Real Estate!
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