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Current Mortgage Rates
I-LOAN Mortgage
For first time homebuyers
6.75%
-
0 Points
6.60%
-
1 Point
6.45%
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2 Points
6.30%
-
3 Points
7.10%
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Closing Cost Assistance is equal to 1% of the Loan Amount.
H.E.L.P. Program
This is the Standard I-Loan rate +1% increase in the mortgage loan rate.
The HELP Program gives the borrower 3% of the Purchase Price for down payment assistance. This program will require a total of a 5% down payment including these funds. It is only available in participating cities.
7.75%
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IHDA grant of 4.25% of the purchase price.
Rural Development Program
Loans are at the standard I-Loan rate.
6.75%
-
0 points
7.10%
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Closing Cost Assistance is equal to 1% of the Loan Amount.
Special City Programs
It is only available in participating cities.
6.50%
-
0 points
6.85%
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Closing Cost Assistance is equal to 1% of the Loan Amount.
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