Benefits of an HMFA Mortgage

• Competitive, 30-year fixed interest rates.
• Downpayments of as little as 3.5%.
• Downpayment and closing cost assistance available with conventional, FHA, VA, or USDA loan types.
• Seller's concessions of up to 3% permitted.
• Certain closing costs can be gifted by family members, non-profit organizations or government agencies.
• Unlike most lenders who sell their loans to other parties, HMFA retains the servicing for the life of the loan.
• If you’re building a home, HMFA offers a longer rate lock for no extra fee.
• Choose from our extensive list of lenders.
• HMFA cares about you, the homebuyer, and has your best interests in mind.

READ more information about the different mortgage programs offered by the HMFA.