About MRB Programs |
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Administration services provided by NHF |
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What is a Mortgage Revenue Bond (MRB) Loan?
An MRB loan is a mortgage loan (primarily for first-time homebuyers) that is made available by state and local housing agencies through the sale of tax-exempt and/or taxable mortgage bonds.
The advantages are considerable. The interest rates can be lower than the market rate for a FHA or conventional loan product. In addition, downpayment and/or closing cost assistance is usually available with MRB programs, in the form of Grants and/or Second Mortgages.
The information provided on this page contains general highlights only. All NHF administered loan programs have eligibility requirements and other guidelines. Please visit the Program Index for specific program guidelines. |
Lender Resources |
Who administers the Program?
MRB Programs listed on the NHF web site are administered by NHF. - NHF provides a variety of homeownership services to other housing finance agencies and housing related organizations. Services include everything from assisting with the initial structuring of a program and guidelines, to administration, compliance and recruiting and training lenders. Learn more…
