Current Iowa Finance Authority (IFA) Interest Rates (As Of May 18, 2016):
"Call Paul" @ (563) 508-1649 for Details!!

IOWA FINANCE AUTHORITY RATE WATCH:
The Iowa Finance Authority's interest rates as of
Wednesday May 18, 2016 at 9:00 A.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.
|
Government Insured |
Conventional |
Conventional |
FirstHome* |
FHA/VA/RD |
HFA Preferred |
No MI Risk Sharing |
Rate |
3.375% |
3.75% |
4.25% |
Origination Fee |
Up to 1% |
Up to 1% |
Up to 1% |
Discount Point |
0 |
0 |
0 |
SMF |
None |
None |
None |
|
|
|
|
FirstHome Plus |
|
|
|
Rate |
3.625% |
4.00% |
4.50% |
Origination Fee |
Up to 1% |
Up to 1% |
Up to 1% |
Discount Point |
0 |
0 |
0 |
SMF |
None |
None |
None |
|
|
|
|
Homes for Iowans* |
|
|
|
Rate |
3.50% |
3.875% |
4.375% |
Origination Fee |
Up to 1% |
Up to 1% |
Up to 1% |
Discount Point |
0 |
0 |
0 |
SMF |
None |
None |
None |
|
|
|
|
Homes for Iowans Plus |
|
|
|
Rate |
4.0% |
4.375% |
4.875% |
Origination Fee |
Up to 1% |
Up to 1% |
Up to 1% |
Discount Point |
0 |
0 |
0 |
SMF |
None |
None |
None |
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.
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"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!!
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