Home At Last™ Daily Rates
Yes! The Home At Last™ program is fully operational (it’s never been suspended!). Please email HAL@NVRural.org with any questions.
Click to Open The Rate Sheet for 8/12/2020
Loan rates shown are effective August 12, 2020. Assistance is a percentage of the loan amount.
FHA, VA, USDA 30-Year Fixed Rate Loans
Income Limit: $116,000
| Assistance Option |
Loan Rates | Loan Types |
FICO & DTI Requirement |
| 0% | 2.500% | FHA, VA, USDA |
FHA, VA, USDA: Purchase OR Refinance: 680 FICO, 45% or below DTI on Manufactured Homes FHA Purchase Also Permits: |
| 2% | 2.875% | FHA, VA, USDA | |
| 3% | 3.000% | FHA, VA, USDA | |
| 4% | 3.750% | FHA, VA, USDA | |
| 5% | 4.500% | FHA, VA, USDA |
CONVENTIONAL 30-Year Fixed Rate Loans
AMI is the Area Median Income established by Fannie Mae and Freddie Mac.
Income Limit for Borrowers over 80% AMI: $135,000
Income Limit for Borrowers at or below 80% AMI: Refer to County Limits (chart is posted below)
| Assistance Option | Freddie Mac Loan Rates ≤80% AMI |
Fannie Mae Loan Rates ≤80% AMI |
Fannie Mae Loan Rates Over 80% AMI |
FICO & DTI Requirement |
| 0% | 2.875% | 2.875% | 3.375% |
Purchase OR Refinance: 680 FICO, 45.01 to 50% DTI 640 FICO, 45% or below DTI on Manufactured Homes |
| 1% | 3.125% | 3.125% | 3.500% | |
| 2% | 3.250% | 3.250% | 4.125% | |
| 3% | 3.875% | 3.875% | 5.000% | |
| 4% | 5.250% | 5.125% | 5.500% | |
| 5% | 5.625% | 5.625% | N/A |
*Freddie Mac HFA Advantage does not allow Manufactured Home loans.
Please Note:
Manual underwrites are not permitted on FHA loans or Manufactured Homes loans.
FHA loans with a FICO below 660 will require at least one (1) month of reserves and six (6) months borrower employment history on current job.
No FHA streamline refinances are permitted.
View the MCC Income and Purchase Price Limits
