Home At Last™ Daily Rates

Loan Rates Shown are Effective 04/21/2021 – Click to View the Rate Sheet

FHA, VA, USDA LOANS – RATES & ASSISTANCE OPTIONS

Assistance  Options
Loan Rates
Loan Types
Purchase & Refinance
FICO Minimum; Debt-to-Income Ratio (DTI) Maximum
0% 2.750% FHA, VA, USDA

FHA, VA & USDA:

  • 640 FICO; 45% DTI

FHA Purchases Only:

  • 680 FICO; 50% DTI

Manufactured Homes:

  • 680 FICO; 45% DTI
2% 3.125% FHA, VA, USDA
3% 3.625% FHA, VA, USDA
4% 4.125% FHA, VA, USDA
5% 4.375% FHA, VA, USDA

CONVENTIONAL LOANS – RATES & ASSISTANCE OPTIONS

 Assistance Options
Freddie Mac Rates
Income Limit:
80% AMI
View AMI Lookup Tool
Fannie Mae Rates
Income Limit:
≤ 80% AMI
View AMI Lookup Tool
Fannie Mae Rates
>
80% AMI
Income Limit: $135,000
Purchase & Refinance
FICO Minimum; Debt-to-Income Ratio (DTI) Maximum
0% 3.125% 3.125% 3.875%

Conventional:

  • 640 FICO; 45% DTI
  • 680 FICO; 50% DTI

Manufactured Homes:

  • 680 FICO; 45% DTI
  • Not permitted on Freddie Mac loans
1% 3.250% 3.250% 4.000%
2% 3.500% 3.500% 4.125%
3% 3.875% 3.875% 4.500%
4% 4.125% 4.125% 4.625%
5% 4.375% 4.375% N/A

INCOME LIMITS

PURCHASE PRICE LIMITS

  • There are no purchase price limits established by the Home At Last™ program.

LOAN LIMITS

  • The Home At Last™ program does not establish a maximum or minimum loan amount.
  • Lenders must comply with agency limits per the specific loan guidelines for FHA, VA, USDA Guaranteed, and Conventional loans.

PLEASE NOTE:

  • Assistance is a percentage of the loan amount and the rate on the 30-year mortgage depends on the amount of assistance.
  • Options with assistance will have a 3-year forgivable second mortgage with no interest and no payments.
  • FHA loans with FICO below 660 require borrower(s) have 1+ month of reserves and 6+ months employment history on current job(s).
  • Home At Last™ may be used for the purchase or refinance of a primary residence (FHA streamline refinances are not permitted).
  • FHA loans and manufactured home loans may not be manually underwritten.

Lenders – Click Here to View Program Updates, Seller Guides, & Bulletins

View MCC Income and Purchase Price Limits

Rates shown are effective for the date indicated and subject to change without notice. Home At Last™ participating lenders are responsible to follow all program guidelines and reserve loans at the rates published at eHousingPlus. Not all applicants will qualify. Home At Last™, a program of the Nevada Rural Housing Authority does not originate mortgage loans. Eligibility for the program is determined by licensed lenders approved to offer the Home At Last™ program.  This is not an offer to lend money or solicit a mortgage application.