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Lenders

Interest Rates

The Alabama Housing Finance Authority helps make homeownership affordable for eligible homebuyers with competitive financing and down payment assistance through its Step Up program. Below are the current Step Up interest rates.

To learn more about our Step Up program, as well as our other homeownership programs, visit the Homebuyers section of our website. 

Notice: Rates are subject to change without notification
 

FHA: 3.00%

CONV-Freddie Mac 80% AMI and Under: 3.00%

CONV-Freddie Mac Over 80% AMI: 3.375%