Information for Single-Family Lending and Real Estate Professionals

Program Announcement

June 29, 2023
Rates Changing for House Key Opportunity & House Key Habitat First Mortgage Programs

Dear Lending Partners,

The House Key Opportunity and House Key Opportunity Habitat First Mortgage Program rates are changing.

The rates below will apply to House Key Opportunity reservations made on and after July 3, 2023 at 9:00 am PT:

6.50% - 1 point origination for FHA, VA and USDA loans.

For incomes at or below Fannie Mae or Freddie Mac 80% AMI:

6.75% -1 point origination for Fannie Mae HFA Preferred or Freddie Mac HFA Advantage.

For incomes above Fannie Mae or Freddie Mac 80% AMI:

7.125% - 1 point origination for Fannie Mae HFA Preferred or Freddie Mac HFA Advantage.

The new rate below will apply to House Key Habitat reservations made on and after July 17, 2023 at 9:00 am PT:

4.50% - 1 point origination.

Please note:

Existing reservations under other Commission programs cannot be cancelled and re-reserved to receive a lower rate or switched to House Key.

All other terms and conditions for House Key Opportunity still applies.

This notice only applies to the House Key Opportunity Program. The Home Advantage Program is not affected by this notice.

Program interest rates are market driven and can change at any time without advance notice. Current program rates are posted on our website.

If you have additional questions, please email Corinna Obar