Presented by Jeanie Barbrow. USDA RURAL DEVELOPMENT Connecting Clients to Services
|
|
|
- Justin O’Brien’
- 5 years ago
- Views:
Transcription
1 Presented by Jeanie Barbrow USDA RURAL DEVELOPMENT Connecting Clients to Services
2 Connecting Clients to Services What Services Does Rural Development Provide in Virginia?
3 Connecting Clients to Services Objectives Connect your clients in need of the following Rental Housing Home Repair Buying a home Community Facilities/Rural Utilities/Rural Business Services Copyright 2015 Accenture All Rights Reserved.
4 Connecting Clients to Services Community Facilities Provides CF Direct Loan for Ridgeview High School CF Direct Loan for Emory & Henry College Center for the Arts CF Loans for Grottoes Volunteer Fire Department
5 Connecting Clients to Services Rural Utilities Provides Broadband for Scott County Telephone Company Wastewater Infrastructure for White Stone Distance Learning/Telemedicine
6 Connecting Clients to Services Rural Business Provides RBS Grant For South Hill Farmers Market Alternative Energy for BARC Electric Coop B&I Loan for Virginia Diner
7 Connecting Clients to Services Elderly Housing Rural Housing Provides Guaranteed Rural Housing Loan for Lily Ridge Apts. Farm Labor Housing
8 Connecting Clients to Services New windows Rural Housing Provides New counter tops Roof repairs Siding Home Rehabilitation
9 Connecting Clients to Services Guaranteed Rural Housing Provides Direct Self-Help
10 Connecting Clients to Services FY17 Accomplishments Program Project Type Funds Obligated Business Programs All Types $12,114,121 Community Programs All Types $168,065,223 Multi-Family Housing All Types $52,598,425 Single Family Housing Direct Home Loan/Grants $30,584,372 Single Family Housing Guaranteed Home Loan $744,344,764 Total Funding All Projects $1,007,706,905
11 What are the Loan Requirements? Rural Eligibility To see if your area meets rural eligibility visit: [STEP ONE] The USDA Income and Property Eligibility Site Follow These Steps:
12 What are the Loan Requirements? Rural Eligibility To see if your area meets rural eligibility visit: [STEP TWO] The USDA Income and Property Eligibility Site Follow These Steps:
13 What are the Loan Requirements? Rural Eligibility [STEP THREE] To see if your area meets rural eligibility visit: The USDA Income and Property Eligibility Site Follow These Steps:
14 Multi-Family Housing Programs Copyright 2015 Accenture All Rights Reserved.
15 Connecting Clients to Services Key Partners
16 HOME REPAIR Loans and Grants Program Before Copyright 2015 Accenture All Rights Reserved. After
![modernize their dwellings [or] remove health and](/docs-images/96/128459758/images/17-1.jpg "safety hazards.")
17 HOME REPAIR Provides loans and grants to very lowincome homeowners to: Repair, improve, or modernize their dwellings [or] remove health and safety hazards. Copyright 2015 Accenture All Rights Reserved. After
18 PROPERTY REQUIREMENTS Home must be modest for the area Repair(s) must remove all health and safety concerns Need at least one bid for the requested repair(s) Copyright 2015 Accenture All Rights Reserved.
19 What are the Loan Requirements? Income: cannot exceed very low income guidelines; visit website for details. Credit History: must demonstrate ability and willingness to repay Property must not exceed our area loan limit and be located in an eligible area Total Debt Ratio does not exceed 46%
20 What are the Loan Requirements? Loan Terms Low Estimated Monthly Repayment Schedule Loan Amount $20,000 $15,000 $10,000 $5, years $92 $69 $46 $23
21 What are the Grant Requirements? Income: cannot exceed very low income guidelines; visit website for details. At least one applicant must be 62 or older Credit History is not considered Property must not exceed our area loan limit and be located in an eligible area Income is below 30% AMI or Total Debt Ratio exceeds 46%
22 HOME OWNERSHIP Guaranteed Loan Programs Direct Loan Programs Copyright 2015 Accenture All Rights Reserved.
23 What is the 502 Guaranteed Loan Program? Copyright 2015 Accenture All Rights Reserved.
24 Direct Home Loans Connecting Clients to Services Guaranteed Program Provides home ownership opportunities to very low to moderate income applicants Loans can be used to buy, build or rehabilitate a home Not limited to first time homebuyers Homes must be located in a rural area
25 Direct Home Loans Connecting Clients to Services Guaranteed Program Income Limit; $78,200 - $108,550 for a family of 1 4 in Virginia 30 year fixed rate Applicants apply directly with approved lenders 1% Funding Fee, 0.35% Annual Fee
26 What is the 502 Direct Loan Program? Copyright 2015 Accenture All Rights Reserved.
27 Direct Loan Program Provides home-ownership opportunities to low and very low income applicants. Loans can be used to buy, build, improve, or repair homes. Not limited to first time homebuyers Applicants can apply directly with RD or an approved Loan Packager Application Process
28 Direct Loan Program Homes must be located in a rural area Loan term: years Income limits vary by county $29,850 - $52,850 Single Household $42,650 - $75,500 Family of 4 Home must be within max loan limits Varies by county $143,800 - $254,000
29 Direct Loan Program Payment Assistance Subsidy recapture The lower of; The full amount of subsidy provided or Up to 50% of the value appreciation (minus capital improvements Servicing options Copyright 2015 Accenture All Rights Reserved.
30 Connecting Clients to Services Credit Requirements both programs Similar to conventional lenders Credit requires a detailed credit analysis Adverse credit requires an acceptable explanation No credit score / alternative credit verification
31 Connecting Clients to Services Income both programs Annual Household Income Adjusted Household Income Adjustments for children, day care expenses, elderly household, etc Repayment Income DTI Ratios: 29/41
32 PROPERTY REQUIREMENTS, continued Direct Guaranteed Home Inspection is required Loan specialist will review and list required repairs Home Inspection is not required Home must meet requirements of HUD Appraiser will call out required repairs
33 PROPERTY REQUIREMENTS Direct Guaranteed In ground swimming pools and structures such as farm related outbuildings or land designed for income-producing purposes are prohibited Private roads are not eligible, unless the access is served by an association Site must not be subdividable Swimming pools are allowed Outbuildings are allowed as long as it is not income producing Site must be typically for the area
34 HOME OWNERSHIP, REPAIR, AND REPLACEMENT Guaranteed and Direct Home Loans in FY 17 $774,929,136 4,957 loans
35 QUESTIONS Copyright 2015 Accenture All Rights Reserved.
36 Jeanie Barbrow Rural Development Office:
National Coalition for Homeless Veterans. May 28, USDA Rural Development Housing Programs Community Facilities Programs
National Coalition for Homeless Veterans May 28, 2014 USDA Rural Development Housing Programs Community Facilities Programs Organizational Structure USDA s Rural Housing Service is part of the Rural Development
Rural Development. Connecting the Dots to Homeownership on Indian Reservations
Rural Development Connecting the Dots to Homeownership on Indian Reservations Business Programs Guaranteed Business and Industry Loans Loans/Grants for small businesses and value added products Community
USDA Rural Development Housing & Infrastructure Programs--101
USDA Rural Development Housing & Infrastructure Programs--101 Ways in Which RD Programs Can Be Used in Tribal Communities Rural Housing Service Programs Homeownership for Individuals and Families (502
Missouri USDA Rural Housing Program Information. Welcome!
Missouri USDA Rural Housing Program Information Welcome! 1 Rural Development USDA Rural Development USDA Rural Development (RD) has been proudly serving rural America for over 70 years. Our mission: To
Section 504 Single Family Housing Program
Section 504 Single Family Housing Program Rural Development is An Equal Opportunity Lender, Provider, and Employer Complaints of Discrimination Should Be Sent To: USDA, Director, Office of Civil Rights,
USDA Rural Development Section 502 Direct Loan Program Overview and Frequently Asked Questions Updated
USDA Rural Development Section 502 Direct Loan Program Overview and Frequently Asked Questions Updated 9-1- 2012 The USDA Rural Development 502 Direct Loan offers mortgage options to low-income homebuyers
USDA RD Section 502 Program
USDA RD Section 502 Program Welcome to HAC s webcast! The webcast, sound, and recording will begin at 2:00 pm EST. Due to the number of participants, questions can only be accepted via the internet. Please
USDA Rural Development Single Family Housing Programs
USDA Single Family Housing Programs 502 Direct Loan Program 502 Direct Loan Program Mission Serve Very Low and Low income applicants Obtain a decent, safe, and sanitary dwelling In eligible RURAL areas,
USDA is an equal opportunity provider, employer, and lender.
USDA is an equal opportunity provider, employer, and lender. The mission of USDA Rural Development is to increase economic opportunity and improve the quality of life for all rural Americans. WHAT SERVICES
Rural Housing Refinances
Rural Housing Refinances Rev. 11/16/2016 Presented by J.J. Sawicki, CMP/ AVP of Training and Development at Merrimack Mortgage Rural Housing Refinance Programs If you have originated an RD loan in the
CROSS INDEX RD Builder's Warranty RD Plan Certification Guaranteed Rural Housing Lender Record Change form
1924-19 RD Builder's Warranty 177 1924-25 RD Plan Certification 179 1980-11 Guaranteed Rural Housing Lender Record Change form 78 1980-17 Loan Note Guarantee form 76 1980-19 Guaranteed Loan Closing Report
Rural Housing Service Serving Rural America. Steve Cruz, Area Specialist
Rural Housing Service Serving Rural America Steve Cruz, Area Specialist Our Mission To increase economic opportunity and improve the quality of life for rural Americans Single Family Housing Section 502
MAGNOLIA BANK CORRESPONDENT FUNDING RURAL DEVELOPMENT PRODUCT SUMMARY
RURAL DEVELOPMENT FIXED RATE (DELEGATED CLIENTS ONLY) 1. PRODUCT DESCRIPTION USDA Fixed Rate Mortgage 30 year term Fully amortizing 2. PRODUCT CODE 3. INDEX 4. MARGIN 5. ANNUAL/ADJUSTMEN T CAP 6. LIFE
City of Gastonia s Affordable Housing Program Homebuyer s Assistance Program
City of Gastonia s Affordable Housing Program Homebuyer s Assistance Program The program s objective is to provide funds for modest income families for downpayment and closing cost to purchase a home by
gauze of rjarruntatives COMMONWEALTH OF PENNSYLVANIA HARRISBURG
FRANK BURNS, MEMBER 72ND LEGISLATIVE DISTRICT DISTRICT OFFICES: 535 FAIRFIELD AVENUE JOHNSTOWN, PENNSYLVANIA 15906 (814) 536-8400 FAX: (814) 533-2368 119 S. CENTER STREET EBENSBURG, PENNSYLVANIA 15931
Program Qualifications
This matrix is intended as an aid to assist in determining if a property/loan qualifies for certain USDA offered programs. It is not intended as a replacement for USDA guidelines. Users are expected to
HOME Homebuyer Assistance Policy & Procedure Manual January 2014
HOME Homebuyer Assistance Policy & Procedure Manual January 2014 P.O. Box 1237 Pierre, SD 57501-1237 605/773-3181 TTY 605/773-6107 Fax 605/773-5154 Web site: www.sdhda.org Alternate formats of this document
Direct Single Family Housing (SFH) Program
United States Department of Agriculture www.rurdev.usda.gov/ca Direct Single Family Housing (SFH) Program The 502 Direct Loan Program is intended to provide very low- and low-income persons who do not
Scanning the Funding Landscape
Scanning the Funding Landscape Barry Ramsey Illinois Housing Program Director USDA Rural Development November 5, 2010 Committed to the future of rural communities Homeownership Loans (Section 502 Direct
USDA Rural Development Program Guide
USDA Rural Program Guide U S D A R u r al D e v e l o p m e n t w w w. r d. u s d a. g o v The U.S. Department of Agriculture (USDA) prohibits discrimination against its customers, employees, and applicants
WCDA LOAN PRODUCT MATRIX
The matrix below compares the components of the various first mortgage loan and down payment assistance loan products offered by WCDA. This matrix is designed to provide guidance for these products and
Affordable Housing Partner. Homebuyer Assistance & Neighborhood Stabilization Program Home Purchase. Program Manual of Procedures & Forms
Community Assistance Affordable Housing Partner Homebuyer Assistance & Neighborhood Stabilization Program Home Purchase Program Manual of Procedures & Forms Fiscal Year 2018-2020 AHP Manual of Procedures
Creating opportunities for people to live, work, & thrive on the Lower Cape A REGIONAL CDBG GRANT
Creating opportunities for people to live, work, & thrive on the Lower Cape A REGIONAL CDBG GRANT Serving year-round LMI (low-moderate income) residents of Dennis, Harwich, Eastham, Truro and Provincetown
HOME INVESTMENT PARTNERSHIP PROGRAM (HOME) 2017 PROGRAM DESCRIPTION
HOME INVESTMENT PARTNERSHIP PROGRAM (HOME) 2017 PROGRAM DESCRIPTION Use of Funds The City of Kenosha intends to use its 2017 HOME funds for Program Administration and for eligible HOME Program activities
WASHINGTON COUNTY HOMEBUYER ASSISTANCE PROGRAM CONSUMER GUIDELINES FOR HOMEBUYERS
WASHINGTON COUNTY HOMEBUYER ASSISTANCE PROGRAM CONSUMER GUIDELINES FOR HOMEBUYERS The U.S. Department of Housing and Urban Development (HUD) has made Community Development Block Grant (CDBG) and Home Investment
Real Estate Professional Training The Key to Serving First-time Homebuyers. Why Should VHDA Train Real Estate Professionals?
Real Estate Professional Training The Key to Serving First-time Homebuyers January, 2018 Linda Wine 0 Why Should VHDA Train Real Estate Professionals? You are often the first contact for a first-time homebuyer
Wyoming Rural Development Programs and Delivery
1 Wyoming Rural Development Programs and Delivery 2 Mission Statement Rural Development is dedicated to strengthening and serving rural America. Through our local presence, we promote partnerships based
Homeownership Set-aside Program. User Guide
Homeownership Set-aside Program User Guide Table of Contents Homeownership Set-aside Program Details... 4 Program Description... 4 Key Changes for the 2017 HSP... 5 Member Requirements... 6 Household Eligibility...
COBB COUNTY HOME PROGRAM RESALE/RECAPTURE PROVISIONS Revised 12/15/2015
I. BACKGROUND COBB COUNTY HOME PROGRAM RESALE/RECAPTURE PROVISIONS Revised 12/15/2015 Section 215 of the HOME statute establishes specific requirements that all HOME-assisted homebuyer housing must meet
INDIAN RIVER COUNTY HOUSING RECOVERY PLAN
INDIAN RIVER COUNTY LOCAL HURRICANE HOUSING RECOVERY PLAN GUIDELINES, PROCEDURES, AND STRATEGIES FOR THE INDIAN RIVER COUNTY LOCAL HURRICANE HOUSING RECOVERY PROGRAM FY 2005-2006 FY 2006-2007 FY 2007-2008
HOMEBUYER ASSISTANCE PROGRAM GUIDELINES City of Martinsburg Berkeley, Jefferson, and Morgan Counties
EASTERN PANHANDLE HOME CONSORTIUM OF WEST VIRIGINIA HOMEBUYER ASSISTANCE PROGRAM GUIDELINES City of Martinsburg Berkeley, Jefferson, and Morgan Counties Administered by the Community Development Department
Define USDA products and features Introduce Planet Home Lending s USDA product offerings Learn how to determine property and borrower eligibility
Define USDA products and features Introduce Planet Home Lending s USDA product offerings Learn how to determine property and borrower eligibility Review credit, income, asset and appraisal guidelines Tips
CRS Report for Congress
Order Code RL33421 CRS Report for Congress Received through the CRS Web USDA Rural Housing Programs: An Overview May 11, 2006 Bruce E. Foote Analyst in Housing Domestic Social Policy Division Congressional
Single Family Housing Guaranteed Loan Program Quick Reference
Single Family Housing Guaranteed Loan Program Quick Reference Topic 7 CFR 3555 HB-1-3555 7 CFR Part 3555 Appendix 1 A Abandoned or Vacant Property 3555.302 19.2 A Account Acceleration 3555.306 18.6 Acceptable
Connecticut Housing Finance Authority
Connecticut Housing Finance Authority your key to homeownership CHFA Homebuyer Mortgage Programs TABLE OF CONTENTS Introduction: CHFA Homebuyer Mortgage Programs Page 1 Homebuyer Mortgage Programs Guidelines
USDA Rural Development Summary of Programs
USDA Rural Development Summary of Programs USDA Rural Development is committed to future of rural communities. Through our programs, we touch rural America in many ways and help to improve the economy
H Coordinator NACS DRAFT 6/13/05
H Coordinator NACS DRAFT 6/13/05 What I miss.. NACS DRAFT 6/13/05 What I don t miss. NACS DRAFT 6/13/05 USDA, Rural Development Guaranteed Rural Housing Benefits Direct Single Family Housing Applicant
HAC USDA RURAL DEVELOPMENT HOUSING ACTIVITY. Rural Research Report. Housing Assistance Council FISCAL YEAR 2017 YEAR-END REPORT
USDA RURAL DEVELOPMENT HOUSING ACTIVITY FISCAL YEAR 217 YEAR-END REPORT HAC Rural Research Report Since the 195s. the United States Department of Agriculture has financed the construction, repair, and
First Time Homebuyer s Guide from SunTrust Mortgage, Inc.
First Time Homebuyer s Guide from SunTrust Mortgage, Inc. Advantages of Homeownership A home is an investment which can appreciate (increase in value) over time Many homeowners realize significant tax
Homebuyers Assistance Program Program Policy and Underwriting Guidelines
PROGRAM POLICY 01.2014 Homebuyers Assistance Program Program Policy and Underwriting Guidelines City of Gastonia Housing and Neighborhoods Division PO Box 1748 Gastonia, NC 28053-1748 (704) 866-6752 Http://www.cityofgastonia.com
USDA HB REVISIONS Effective March 9, 2016 Chapter 5: Origination and Underwriting Review
Chapter 5: Origination and Underwriting Review 5.2 Requesting a Guarantee A. Preliminary Determination of Applicant Eligibility 2. Credit 5.3 Utilizing the Guaranteed Underwriting System (GUS) E. Reserves
Federal Home Loan Banks Affordable Housing Program. April 17, 2018
Federal Home Loan Banks Affordable Housing Program April 17, 2018 1 Key Dates: Deadlines to Submit Comments Weigh in on OFN s letter Due by April 25, 2018 Email comments to dwilliams@ofn.org Submit comments
Understanding USDA/Rural Development s Subsidized 502 Loan
Understanding USDA/Rural Development s Subsidized 502 Loan OVERVIEW Purpose: Section 502 loans are primarily used to help low-income individuals or households purchase homes in rural areas. Funds can be
Sponsored by: Mortgage 101
Sponsored by: Mortgage 101 Who is Equity Resources, Inc? Direct mortgage banker - Fannie Mae and Ginnie Mae Seller Servicer FHA/VA/Conventional/RD loans Underwrite in our main office Company began in 1993
Osceola County Purchase Assistance Program Guidelines
Osceola County Purchase Assistance Program Guidelines Purchase Assistance Program Objective The Osceola County Down payment Assistance Program (DPA) is made available through the State Housing Initiatives
HSP Online. User Guide
HSP Online User Guide Updated: February 15, 2018 Table of Contents Homeownership Set-aside Program Details... 4 Program Description... 4 Key Changes for the 2018 HSP... 5 Access to HSP Online... 6 HSP
County of Dutchess. Department of Planning and development
Marcus J. Molinaro County Executive Eoin Wrafter, AICP Commissioner April 11, 2018 County of Dutchess Department of Planning and development Dear Applicant: Enclosed are the program guidelines, application,
Guaranteed Rural Housing Program Guide
Guaranteed Rural Housing Program Guide Please refer to www.swmc.com/swmc/disclaimer.php and www.nmlsconsumeraccess.org/entitydetails.aspx/company/3277 to see where Sun West Mortgage Company, Inc. (NMLS
PRODUCT GUIDELINES USDA PROGRAM PURCHASE & RATE/TERM REFINANCE PRIMARY RESIDENCE. Revised 10/1/ % / 100% Excluding USDA
PURCHASE & RATE/TERM REFINANCE PRIMARY RESIDENCE Maximum LTV/CLTV* Max Loan Amount Min FICO Max Ratios 100% / 100% Excluding USDA 620 Per GUS** Determined by qualifying ratios and county maximum income
San Diego Affordable Housing Fund Annual Plan. Fiscal Year 2014 (July 1, 2013 June 30, 2014)
San Diego Affordable Housing Fund Annual Plan Fiscal Year 2014 (July 1, 2013 June 30, 2014) PAGE INTENTIONALLY LEFT BLANK i Table of Contents SAN DIEGO AFFORDABLE HOUSING FUND Introduction... 1 Use...
WYOMING COMMUNITY DEVELOPMENT AUTHORITY FINANCING AFFORDABLE HOUSING IN WYOMING
2017 WYOMING COMMUNITY DEVELOPMENT AUTHORITY FINANCING AFFORDABLE HOUSING IN WYOMING TABLE OF CONTENTS Homebuyer Education...3 WCDA Homebuyer Loans Standard First-Time Homebuyer Product...4 HFA Preferred
Refinance Matrix for Rural Development Mortgages. Refinance Type. Refinance Type. Eligibility Eligible Lenders. Lender. Refinancing.
Refinance Matrix for Rural Development Mortgages Lender Eligibility Eligible Lenders Any lender who has been approved by Rural Development and holds an active lender agreement (Form RD 1980-16). Approved
AN No 4550 (1980) Attachment Rural Development - Guaranteed Rural Housing Agency Documentation and Processing Checklist
Applicant Information AN No 4550 (1980) Attachment Rural Development - Guaranteed Rural Housing Agency Documentation and Processing Checklist Loan Request: $ Loan Purpose: Purchase - Sales Price: $ Refinance
Wyoming Rehabilitation and Acquisition Program
Wyoming Rehabilitation and Acquisition Program The Wyoming Rehabilitation and Acquisition Program () is funded federally under the Housing and Economic Recovery Act of 2008, more commonly known as the
YOUR GUIDE. To Home Ownership
YOUR GUIDE To Home Ownership FIRST TIME HOMEBUYER? There are many advantages of home ownership Home ownership is one of life s major events, and it provides some unique personal and financial rewards.
City of Clarksville FIRST-TIME HOMEBUYER PROGRAM
Program Overview: City of Clarksville FIRST-TIME HOMEBUYER PROGRAM The City of Clarksville s First-Time Homebuyer Program is a homeownership program designed to help income eligible households with down
PAWTUCKET HOUSING AUTHORITY HCV HOMEOWNERSHIP PROGRAM
PAWTUCKET HOUSING AUTHORITY HCV HOMEOWNERSHIP PROGRAM GENERAL OVERVIEW PHA is not required to administer a Homeownership Program; It is voluntary; The PHA has made a commitment to educating, enhancing
USDA Guidelines GUSDA30
USDA Guidelines GUSDA30 BSM Direct guidelines have been created to provide guidance and consistency in determining credit decisions. The guides are not all inclusive of different situations that may arise
SELF-HELP ENTERPRISES CITY OF VISALIA Affordable Housing Program HOME funded 2 nd mortgage loan
SELF-HELP ENTERPRISES CITY OF VISALIA Affordable Housing Program HOME funded 2 nd mortgage loan (for families at or below 80% AMI) Program is administered by Self-Help Enterprises, and overseen by the
HOMEBUYERS PURCHASE PROGRAM POLICIES & PROCEDURES MANUAL PY 2007 SUMMARY
CITY OF EAST ORANGE, NEW JERSEY NEIGHBORHOOD HOUSING & REVITALIZATION DIVISION HOMEBUYERS PURCHASE PROGRAM POLICIES & PROCEDURES MANUAL PY 2007 SUMMARY The City of East Orange HOMEBuyers Purchase Program
Snow Belt Housing Company, Inc.
Snow Belt Housing Company, Inc. Cheryl L. Shenkle-O Neill, Executive Director 7500 South State Street ~ Lowville, NY 13367 Phone (315) 376-2639 ~ Fax (315) 376-2518 E-mail: cheryl@snowbelt.org NYS Relay
STEPS to getting an affordable home loan
4 STEPS to getting an affordable home loan 1 www.idahohousing.com 1 Start the process by finding a lender. Before you start house hunting, it s a good idea to pre-qualify for financing so you can be certain
FHA FIXED PROGRAM HIGHLIGHTS
Product Summary These guidelines represent the companies underwriting requirements for FHA fixed rate and ARM mortgages, and are to be utilized in conjunction with the following FHA Handbooks: 4155.1 for
DEFINITION OF COMMON TERMS
DEFINITION OF COMMON TERMS Actual Cash Value: An amount equal to the replacement value of damaged property minus depreciation. Adjustable-Rate Mortgage (ARM): Also known as a variable-rate loan, an ARM
July 1, 2011 thru September 30, 2011 Performance Report
Grantee:, FL Grant: B-08-UN-12-0014 July 1, 2011 thru September 30, 2011 Performance Report 1 Grant Number: B-08-UN-12-0014 Grantee Name:, FL Grant Amount: $19,495,805.00 Estimated PI/RL Funds: $7,357,754.48
Product Guidelines USDA STREAMLINED ASSIST REFINANCE
REFINANCE Maximum LTV Max Loan Amount Min FICO Max Ratios Mortgage/Rental History Based on Loan Amount - No LTV Restriction Determined by county maximum limits and payoff amount No Minimum NA 0 x 30 last
Workforce Homebuyer. Down Payment Loan Program. Program Guide and Disclosure. Housing Trust Fund of Santa Barbara County
Housing Trust Fund of Santa Barbara County Workforce Homebuyer Down Payment Loan Program Program Guide and Disclosure 2013 Housing Trust Fund of Santa Barbara County P. O. Box 60909 Santa Barbara, CA 93160-0909
USDA30 PRODUCT MATRIX USDA GUIDELINES RURAL DEVELOPMENT HB HANDBOOK
USDA GUIDELINES RURAL DEVELOPMENT HB-1-3555 HANDBOOK Posted PROGRAM MISSION USDA RURAL HOUSING PBM-Manual -Quick Look Manual-Affordable Housing Programs -USDA Guidelines PROGRAM BENEFITS USDA Guaranteed
CITY OF GAINESVILLE. CHIP 1 st TIME HOMEBUYER DOWN PAYMENT ASSISTANCE UNDERWRITING GUIDELINES
CITY OF GAINESVILLE CHIP 1 st TIME HOMEBUYER DOWN PAYMENT ASSISTANCE UNDERWRITING GUIDELINES Mission Statement The City of Gainesville Housing and Community Development Division is dedicated to improving
AmeriSave Wholesale USDA Effective Date: February 2017 USDA 30 Rural Housing 30 Year Fixed Only
AmeriSave Wholesale USDA Effective Date: February 2017 Product Term: USDA 30 Rural Housing 30 Year Fixed Only Loan Purpose Loan Amount Eligible Borrowers Ineligible Borrowers Purchase Guaranteed: $424,100
ARLINGTON COUNTY, VIRGINIA. County Board Agenda Item Meeting of April 21, 2012
ARLINGTON COUNTY, VIRGINIA County Board Agenda Item Meeting of April 21, 2012 DATE: April 13, 2012 SUBJECT: Funding for the Moderate Income Purchase Assistance Program (MIPAP) to Assist Qualifying Vested
WYOMING COMMUNITY DEVELOPMENT AUTHORITY FINANCING AFFORDABLE HOUSING IN WYOMING
WYOMING COMMUNITY DEVELOPMENT AUTHORITY FINANCING AFFORDABLE HOUSING IN WYOMING TABLE OF CONTENTS Homebuyer Education...3 WCDA Homebuyer Loans Standard First-Time Homebuyer Product...4 Spruce Up Purchase
USDA RURAL DEVELOPMENT HOUSING PROGRAMS
Housing Assistance Council 1025 Vermont Ave. NW Suite 606 Washington DC 20005 Phone: (202) 842-8600 Fax: (202) 347-3441 E-mail: hac@ruralhome.org USDA RURAL DEVELOPMENT HOUSING PROGRAMS FY 2009 Year-End
City of Carpinteria. Workforce Homebuyer. City of Carpinteria Carpinteria Avenue Carpinteria, CA (805)
Housing Trust Fund of Santa Barbara County City of Carpinteria Workforce Homebuyer Down Payment Loan Program Homebuyer Orientation Packet 2017 City of Carpinteria 5775 Carpinteria Avenue Carpinteria, CA
Rural Development USDA Rural Development Overview
Rural Development USDA Rural Development Overview South Dakota JULIE GROSS South Dakota State Director 200 4 th Street SW, Federal Bldg., Rm. 210 Huron, SD 57350 Phone: (605) 352-1100 Email: julie.gross@sd.usda.gov
USDA Rural Development PROGRAM SUMMARY
USDA Rural Development PROGRAM SUMMARY Housing s Rural Housing s Single Family Housing Direct Home Loan (502 Direct ) Objective Safe, well built, affordable homes for rural Americans. Uses Buy, build,
LOANS MUST BE RUN THROUGH GUS*
AmeriSave USDA USDA 30 Rural Housing 30 year Fixed Only *ALL LOANS MUST BE RUN THROUGH GUS* Loan Purpose Loan Amount Eligible Borrowers Ineligible Borrowers Purchase Guaranteed: $453,100 US Citizens n-occupant
Renovating and Rebuilding America - One Home at a Time. FHA 203(K) Renovation Lending Product Information
FHA 203(K) Product Information 1 Program Summary The FHA 203(k) The FHA 203(k) loan allows a borrower to purchase or refinance and repair or renovate a property all in one loan. The borrower closes with
Columbia City Housing Authority Owner Occupied Rehabilitation (OOR) Program
Columbia City Housing Authority Owner Occupied Rehabilitation (OOR) Program Overview The Columbia City Housing Authority (CCHA) seeks to assist low and moderate income residents of Columbia City, or within
SINGLE FAMILY HOUSING GUARANTEED LOAN PROGRAM: HB REVISIONS Effective Date: March 9, 2016 Chapter 1: Overview NO REVISIONS
SINGLE FAMILY HOUSING GUARANTEED LOAN PROGRAM: HB 1 3555 REVISIONS Effective Date: March 9, 2016 Chapter 1: Overview NO REVISIONS Chapter 2: Record Retention 2.3 B: Agency Record Maintenance Mortgage Files
Chapter 10 SINGLE-ADDRESS HOMEOWNER REHAB ACTIVITIES
Chapter 10 SINGLE-ADDRESS HOMEOWNER REHAB ACTIVITIES This chapter explains how to set up, fund, draw funds for, and complete homeowner rehabilitation activities that are carried out at a single location.
January 1, 2012 thru March 31, 2012 Performance Report
Grantee:, FL Grant: B-08-UN-12-0014 January 1, 2012 thru March 31, 2012 Performance Report 1 Grant Number: B-08-UN-12-0014 Grantee Name:, FL Grant Amount: $19,495,805.00 Estimated PI/RL Funds: $10,000,000.00
Section 7. City of Modesto Homebuyer's Assistance Program MODESTO CALIFORNIA
Section 7 City of Modesto Homebuyer's Assistance Program CITY OF MODESTO CALIFORNIA City Of Modesto Community and Economic Development Department 1010 10 th Street, Suite 3100 Modesto, CA 95354 www.cityofmodesto.com
PASCO COUNTY COMMUNITY DEVELOPMENT HOMEBUYER ASSISTANCE PROGRAMS. Lender s Manual June 16, 2017
PASCO COUNTY COMMUNITY DEVELOPMENT HOMEBUYER ASSISTANCE PROGRAMS Lender s Manual June 16, 2017 Introduction Pasco County has been helping people purchase and repair homes since 1992. Both State Housing
The Chase Guaranteed Rural Housing Purchase Program Features
PROGRAM ELIGIBILITY Borrower Eligibility In order to be eligible for a Rural Development guaranteed loan, the Borrowers adjusted household income cannot exceed the maximum allowable income limit set forth
LPA HOME POSSIBLE. Home Possible
LPA HOME POSSIBLE Description: Product Term HPML Loan Purpose Acceptable Property Types Home Possible Home Possible (HP) is a Freddie Mac Community Lending program is designed to meet the needs of low-
HOMEBUYER INFORMATION PACKET
` HOMEBUYER INFORMATION PACKET Arlington County Department of Community Planning, Housing and Development Housing Division https://housing.arlingtonva.us 2100 Clarendon Blvd., Suite 700 Arlington, VA 22201
COUNTY OF OCEAN CONSORTIUM HOME PROGRAM FIRST TIME HOMEBUYER PROGRAM GUIDELINES
COUNTY OF OCEAN CONSORTIUM HOME PROGRAM FIRST TIME HOMEBUYER PROGRAM GUIDELINES Sponsored by: Ocean County Board of Chosen Freeholders Program Administrator: O.C.E.A.N., INC. 22 Hyers Street Toms River,
PASCO COUNTY COMMUNITY DEVELOPMENT HOMEBUYER ASSISTANCE PROGRAMS. Lender s Manual April 18, 2018
PASCO COUNTY COMMUNITY DEVELOPMENT HOMEBUYER ASSISTANCE PROGRAMS Lender s Manual April 18, 2018 Introduction Pasco County has been helping people purchase and repair homes since 1992. Both State Housing
USDA Guaranteed Rural Housing Product Profile
USDA Guaranteed Rural Housing Product Profile PROGRAM CODES: 30RH Appraisals LTV/CLTV 100%* Purchase Maximum LTV/FICO Requirements Min FICO Rate and Term Refinance LTV/CLTV Min FICO 620 100%* 620 *exclusive
Business & Industry Guaranteed Loan Program
Business & Industry Guaranteed Loan Program Kelley Oehler, Director Business and Industry Division David Lewis, Servicing Branch Chief Program Purpose The purpose of the B&I program is to improve, develop,
USDA Guaranteed Rural Housing Product Profile
Appraisals LTV/CLTV 100%* Purchase Maximum LTV/FICO Requirements Min FICO Rate and Term Refinance LTV/CLTV Min FICO 640 100%* 640 *exclusive of financed guarantee fee A full appraisal (e.g. form 1004 or
City of Carpinteria. Workforce Homebuyer. Down Payment Loan Program. Program Guide and Disclosure. City of Carpinteria
Housing Trust Fund of Santa Barbara County City of Carpinteria Workforce Homebuyer Down Payment Loan Program Program Guide and Disclosure 2017 City of Carpinteria 5775 Carpinteria Avenue Carpinteria, CA
AHP 2018 Implementation Plan Native American Homeownership Initiative (NAHI) Program Guidelines
I. (NAHI) Program Guidelines 1. Program Summary In 2018 the Bank will make $1,000,000 available on a first-come first-served basis to eligible members that have executed a Down Payment Subsidy Agreement.
HouseCharlotte Homeowner Assistance Loan Submission
HouseCharlotte Homeowner Assistance Loan Submission City of Charlotte Housing Subsidy Program Please fill in all information completely Date: Lender Name: Lender Address: Contact Name(s): Phone Number:
A Guide to Agriculture and Rural Development Funding Opportunities and Incentives
A Guide to Agriculture and Rural Development Funding Opportunities and Incentives How to Navigate the Funding Process U.S. Senator Kirsten E. Gillibrand New York 2011 *Note: This document will be continuously
Usda loan credit score requirements texas
Usda loan credit score requirements texas Learn about the USDA Mortgage program and prequalify for a $0 down USDA Loan with the specialists at USDALoans.com Program Status: Open Program Factsheet: PDF.
PARISH OF JEFFERSON DEPARTMENT OF COMMUNITY DEVELOPMENT 2017 FIRST-TIME HOMEBUYER ASSISTANCE PROGRAM DESCRIPTION WELCOME OVERVIEW
PARISH OF JEFFERSON DEPARTMENT OF COMMUNITY DEVELOPMENT 2017 FIRST-TIME HOMEBUYER ASSISTANCE PROGRAM DESCRIPTION WELCOME OVERVIEW Jefferson Parish has been designated as a Participating Jurisdiction for
City of Eden Prairie First Time Homebuyer Program
Part I: GENERAL PROGRAM DESCRIPTION Program Overview City of Eden Prairie First Time Homebuyer Program The Eden Prairie Office of Housing & Community Services (OHCS) offers a financial assistance program
APPLICATION FOR EMERGENCY RESIDENTIAL REHABILITATION ASSISTANCE
APPLICATION FOR EMERGENCY RESIDENTIAL REHABILITATION ASSISTANCE Office of Housing and Neighborhood Development Keefe Community Center, 11 Pine Street, Hamden, CT 06517 Telephone (203) 776-5978 x 1123 asendroff@hamden.com