This Quick Reference Sheet provides you with IHFA's current interest rates and loan products available.
For complete program requirements, log on to Lender Connection for IHFA underwriting guidelines.
Lock Period is 45 days for existing properties and 90 days for new construction. There is a 1% new construction Lock fee - not required "up front."
A 15 day extension is available for .125% (on loan amount) and additional 15 day extension if needed is .25%
Brokers, for compensations details, email firstname.lastname@example.org.
Certain restrictions apply. Programs are subject to change at any time.
For more information, please call Toll Free 1-800-219-2285 or (208) 331-4883.
For program questions, please email email@example.com. For lock questions, please email firstname.lastname@example.org
Toll Free - 1-800-219-2285
For program questions,
For lock questions,
First Loan Plus 1 (FHA and VA only)
First Loan Plus 2 (FHA and VA only)
A 30-year 2nd mortgage can be added for the remainder of down payment assistance up to a total of 3.5%
HFA Preferred Lo MI
HFA Preferred Risk Share - No MI
Specific Manual Underwriting Criteria Apply
Manufactured Housing Loans - Conventional
Conventional 30 year
See LLPA chart below for LTV/FICO adjustments to the Conventional and DU Refi Plus Program
Add .25% to the rate for cash out
FHA 203(k) Streamline Rehabilitation Loan
FHA Cash-Out Refinance
VA Cash Out & Rate/Term
30 yr Conventional Cash-Out Refinance
FHA Streamline RefinanceandVA Interest Rate Reduction Refinance Loan (IRRRL)andUSDA-RD Streamline Refinance Loan
FHLMC & FNMA HARP >125%
FHLMC & FNMA HARP <125%
HARP 15 year
HARP 20 year
Please direct all questions to
email@example.com or call 1-877-447-2687
More Details for NSP 1
More Details for NSP 3