Homeownership Loan Programs
| Effective
09/05/2012 3:15 PM
|
Government Interest Rate |
HFA Preferred™ (Conventional) Interest Rate |
HFA Preferred™ Risk Sharing (Conventional) Interest Rate |
|---|---|---|---|
| Minnesota Mortgage Program(MMP) |
3.250% | 3.750% | 4.000% |
| Community Activity Set-Aside(CASA) | 3.625% | 4.125% | N/A |
| Note: The HFA Preferred™ and HFA Preferred Risk Sharing™ incorporate the Fannie Mae/Freddie Mac Adverse Market Delivery Charge. Lenders do not need to charge this fee to the borrower or seller. Lenders must originate all conventional insured or uninsured loans under either the HFA Preferred™ or HFA Preferred Risk Sharing™ product. | |||
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