Rate Sheet for Lenders

The rates and terms below are in effect as of Thursday, September 02, 2010 at 7:30 PM.
The last interest rate update was made on 06/29/2010.

Program  Series  Rate EAH Rate Program &
Qualifying
Fee
Delivery Period
Existing New Existing New Existing New
30-109 4.750% 4.500% 4.500% 4.500% None 90 90/240
2-109 4.750% 4.500% 4.500% 4.500% None 90 90/240
41-930 5.250% 5.250% 5.000% 5.000% None 90 90/240
43-930 5.000% 5.000% 1%+$300 90 90/240
72-109 4.750% 4.500% 4.500% 4.500% 1%+$300 90 90/240
35-109 4.750% 4.500% None 90
25-109 4.750% 4.500% None 90
0-254 4.750% 4.500% 4.500% 4.500% 1%+$300 90 240
REAL (Fee)
23-802 6.375% 1%+$300 90
REAL (No Fee)
24-802 6.625% None 90
6.950% None

Contact a Participating Lender for APR's.

All the rates, fees, and terms on this site are for informational purposes for participating lenders only and are subject to change without notice. Furthermore, the customer’s rate will be that which is in effect on the date and time that the reservation is received by the Agency. For the APR (annual percentage rate) please contact one of our participating lenders.

Loans that have been reserved/locked in are confirmed by PHFA via an e-mail to the lender. Loans in the ‘Incomplete Reservations’ section of the online reservations system are subject to the applicable rate and fee(s) in effect at the time they are completed and fully reserved.

PHFA must purchase the loan from the participating lender by the end of the delivery period or three weeks from the closing date, whichever occurs first. The 240-day delivery period is for homes to be built. New homes that are already or close to being completed should be reserved using the 90-day delivery period.

The Fannie Mae Community HomeChoice™ Loan is a special program provided by PHFA to buyers also using the access modification program. To reserve funds, select Fannie Mae Community HomeChoice™ under Mortgage Programs during the reservation process.

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