For those of you who are first time homebuyers, I thought I would update you on the interest rates. This information was passed on to me from Diana Foral with First National Bank of Omaha.

FHA and VA NIFA rates dropped to  5.84% and the NIFA FHA and VA HBA (homebuyers assistance program) dropped  to 6.48%   1 + 3/4%.  

The 5.84% program is a much better deal if there is

Any way  that you can come up with the down payment.  Loans against a 401K and gifts of money from family members are all acceptable.  Also I was told if you have a banking relationship with First National Bank they might receive a discount off closing costs.

If you are interested in buying Omaha Real Estate or a home in the surrounding areas, please contact me direct at 1-800-497-2171