Development Homeownership Set aside Program. AVP, HCD Operations and HSP Manager
|
|
- Zoe Lindsey
- 6 years ago
- Views:
Transcription
1 Housing & Community Development 2014 Homeownership Set aside Program Stephanie Mickelsen AVP, HCD Operations and HSP Manager 1
2 Homeownership Set aside Program (HSP) HSP provides down payment, closing cost and rehabilitation assistance to first time homebuyers earning at or below 80% of the AMI for households purchasing or constructing homes in Colorado, Kansas, Nebraska and Oklahoma. 2
3 Basics for 2014 HSP $4.5 million available for HSP Up to $7,500 available for each homebuyer Member limit of $250,000 until May 1 Homebuyer must have income at or below 80% AMI Home purchased must be located in Colorado, Kansas, Nebraska and Oklahoma NEW! Home may be in an urban or rural location NEW! Funds are provided on a reimbursement basis, after closing 3
4 Getting Started Critical dates February 3 Agreements (how members register to participate in HSP) can be submitted March 3 Reservations and Income Calculation Worksheet and income docs can be submitted Critical documents 2014 AHP Implementation Plan HSP Funds Reservation Form Income Cl Calculation l Worksheet Income Calculation Guidelines HSP Disbursement Request Form 4
5 HSP Funds Reservation Form 5
6 HSP Disbursement Request Form 6
7 Homebuyer Eligibility Requirements First time Homebuyer (new definition) An individual who wishes to purchase a home that will be his/her primary residence who meets any one of the following criteria: i 1. An individual or co applicants who have had no ownership in a principal residence during the prior three year period ending on the date of purchase of the property. 2. A divorced or legally separated individual who has only owned a principal residence with a former spouse; 3. An individual who has only owned a principal residence not permanently affixed to a permanent foundation in accordance with applicable Regulations. 4. An individual who has only owned a property that was not in compliance with State, local or model building codes and which cannot be brought into compliance for less than the cost of constructing a permanent structure; or 5. An individual who did not purchase a home but holds legal title to a home as a result of special ilcircumstances, including health or disability of a previous homeowner or for estate planning purposes, subject to documentation acceptable to FHLBank. 7
8 Homebuyer Eligibility Requirements continued Incomeat or below80% AMI Provide $500 down payment NEW! Home may be in rural or urban location in Colorado, Kansas, Nebraska or Oklahoma Homebuyer Educationcertificate certificate At closing: homebuyer may receive no more than $250 cash back NEW! No front ratio calculation 8
9 New Process Highlights g Reservation Submit HSP Funds Reservation Form AND Income Calculation Worksheet and income docs Close the loan Disbursement Request Submit final docs FHLBank will fund as a reimbursement 9
10 Reservation Details Reservation of Funds Submit HSP FundsReservation Form Know homebuyer name and address Submit Income Calculation Worksheet and income docs Know homebuyer s income eligibility FHLBank will acknowledge receipt of the reservation and income docs Upon review and approval, FHLBank will notify the member or sponsor that the reservation and income are approved Closing can occur only after the reservation and income are approved. 10
11 Disbursement Request Details After closing, submit: HSP Disbursement Request tform Final signed settlement statement Final signed Truth in Lending document (TIL) Final signed and recorded FHLBank Topeka Note and Mortgage (NEW! Note and Subordinate Mortgage are combined into one document) Homebuyer Education certificate 11
12 Settlement Statement requirements Date of closing AFTER reservation and income are approved and PRIOR TO submission date of Disbursement Request Form HSP grant is shown on the settlement statement Homebuyer provides $500 down payment (unless participating in a housing program with documented sweat equity) Cash back to borrower limited to $250 Lender fees 3% of loan amount Loan discount fees paid by buyer and seller cannot exceed 2% of loan amount Mortgage rate nomore than ourmaximum (NEW! Mortgage rate now provided on our website) 12
13 FHLB Topeka Note and Mortgage gg Requirements Submittherecorded the documentwiththe the disbursement request Submit via fax or mail (NEW! Electronic copies via fax are permitted we no longer require a paper original) Date must match the settlement date 13
14 Homebuyer Education requirements NEW! FHLBank no longer approves homebuyer education providers nor lists approved providers on our website. Certain state organizations are now designated dto approve providers. Colorado Housing and Finance Authority Kansas Consumer Credit Counseling Service, Inc. buyer education.html Nebraska Housing Developers Association Oklahoma Homebuyer Education Association Provide a homebuyer education certificate for the homebuyer with Disbursement Request Form. 14
15 Common causes of disbursement delay or failure Disbursement Request Form not completed or signed Incompleteor or incorrect documentssubmittedwith submitted the Disbursement Request Form HSP grant amount was not included on the settlement statement Homebuyer received more than $250 cash back at closing 15
16 Resources 2014 AHP Implementation Plan Income Calculation Guidelines Mortgage Revenue Bond Income Limits HSP Workbook Instructions HCD Staff Questions or Suggestions: Call Stephanie or Or call HCD s toll free number:
Bridging the Gap: Combining Financing Sources
Bridging the Gap: Combining Financing Sources 2013 OHFA Housing Summit April 4, 2013 Presented by: Michele Carter HCD Community Programs & Outreach Manager 785.438.6032 1 Homeownership Set-aside Program
More informationSUBJECT: Federal Home Loan Bank of Topeka Homeownership Set-aside Program (HSP)
DATE: February 21, 2018 SUBJECT: Federal Home Loan Bank of Topeka Homeownership Set-aside Program (HSP) Attached is a Fact Sheet for the above referenced grant program, available for homes purchased within
More informationNIFA 2018 HOUSING INNOVATION MARKETPLACE. Rural Lending Initiatives
NIFA 2018 HOUSING INNOVATION MARKETPLACE Rural Lending Initiatives FEDERAL HOME LOAN BANK TOPEKA FHLBank Topeka provides needed liquidity and funding to our diverse financial institution members throughout
More informationHomeownership 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...
More informationHSP 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
More informationFederal Home Loan Bank of Des Moines
Federal Home Loan Bank of Des Moines Federal Home Loan Bank System Established by government charter in 1932, the Federal Home Loan Bank System is the oldest housing government sponsored enterprise (GSE).
More informationOklahoma s Affordable Housing Resources
Oklahoma s Affordable Housing Resources The Regional Housing Forums 2017 - Ardmore - Enid - Midwest City - Tulsa - Economic Inclusion Ladder 1. Support quality and innovation in programs to build financial
More informationFHLBank Topeka Affordable Housing Program (AHP) and Homeownership Set-aside Program (HSP) Income Calculation Guide
FHLBank Topeka Affordable Housing Program (AHP) and Homeownership Set-aside Program (HSP) Income Calculation Guide INCOME CALCULATION GUIDELINES... 2 GENERAL POLICY... 2 INCOME CALCULATION WORKBOOK...
More informationHSP 2016 MANUAL. of the Homeownership Set-aside Program
HSP 2016 MANUAL of the Homeownership Set-aside Program FHLBank Topeka One Secrity Benefit Place, Site 100 Topeka, KS 66601 www.fhlbtopeka.com/hsp 866.571.8155 Table of Contents HSP Program Description...
More informationAffordable Housing Program and Homeownership Set-aside Program. Income Calculation Guide
Affordable Housing Program and Homeownership Set-aside Program Income Calculation Guide Table of Contents Income Calculation Guidelines... 2 General Policy... 2 Income Calculation Workbook... 2 Income
More informationAHP 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.
More informationAffordable Housing Program and Homeownership Set-aside Program Income Calculation Guide
Affordable Housing Program and Homeownership Set-aside Program Income Calculation Guide 2019 Updated: February 12, 2019 Table of Contents Income Calculation Guidelines... 2 General Policy... 2 Income Calculation
More informationCommunity Support Program and Targeted Community Lending Plan
Community Support Program and Targeted Community Lending Plan December 14, 2018 Effective January 1, 2019 Policy Information Document Title: Content Owner: Community Support Program and Targeted Community
More informationCity of Lompoc Homebuyer Assistance Program. Program Guidelines
City of Lompoc Homebuyer Assistance Program Down Payment Loans and Closing Cost Grants Program Guidelines Council Approved by Resolution No. 6177(18) May 1, 2018 City of Lompoc 100 Civic Center Plaza Lompoc,
More informationEquity Builder Program Funding Round
Equity Builder Program 2018 Funding Round Agenda Introduction Benefits Application Overview Program Reminders One Round - Two Application Periods Member and Household Requirements Accessing the Online
More information2018 Equity Builder Program Loan Origination: Introducing the EBP
2018 Equity Builder Program Loan Origination: Introducing the EBP Agenda Why FHLB Boston? Equity Builder Program Overview Ineligible Uses Member Eligibility Requirements Household Eligibility Requirements
More informationAffordable 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
More informationYORK HOMEBUYER ASSISTANCE PROGRAM GUIDELINES AND RULES. Funding Source. Program Code. Eligible States Minimum Loan Amount.
Revised 6/8/2015 YORK HOMEBUYER ASSISTANCE PROGRAM GUIDELINES AND RULES Funding Source Program Description - This program is designed to provide down payment & closing cost assistance to low/moderate income
More informationAffordable Housing Program (AHP) Implementation Plan
Affordable Housing Program (AHP) Implementation Plan Effective March 28December 12, 2014 Affordable Housing Program (AHP) Implementation Plan Table of Contents I. Introduction... 3 A. General...3 B. Funding
More informationNative American Homeownership Initiative 2013 Program Guidelines
1. Program Summary Effective January 2, 2013, the Bank will allocate $300,000 of its annual required AHP contribution to provide down payment, closing cost, counseling, or rehabilitation assistance to
More informationFederal 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
More informationLOAN OFFICERS MUST COMPLETE THE HOMECHOICE TRAINING, IN ADDITION TO THE HOME ADVANTAGE TRAINING, TO ORIGINATE THIS HOMECHOICE LOANS
HOMECHOICE MANUAL Please see Section 13 (Downpayment Programs) of the Home Advantage manual for all other terms and conditions. PROGRAM ELIGIBILITY 1. LOAN OFFICERS MUST COMPLETE THE HOMECHOICE TRAINING,
More informationFederal Home Loan Bank of Des Moines
Federal Home Loan Bank of Des Moines Community Investment Programs November 2013 Introduction Phil Everitt Des Moines Vice President Member Services Stacy Snyder Des Moines Rental Housing Manager History
More informationQ & A If You re Interested in Purchasing an Affordable Unit
Q & A If You re Interested in Purchasing an Affordable Unit Who may apply for this program? First, independent from this program, you must be able to qualify for a mortgage on your own. Beyond that, any
More informationOsceola 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
More informationFirst Home Club sm Program Guidelines
First Home Club sm Program Guidelines April 2017 2017 FEDERAL HOME LOAN BANK OF NEW YORK 101 PARK AVENUE NEW YORK, NY 10178 INTRODUCTION 3 FIRST HOME CLUB SM (FHC) MEMBER PARTICIPATION 4 HOUSEHOLD ELIGIBILITY
More informationDeep Dive with Freddie Mac 2019 NCSHA HFA Institute. Erin Quinn and Simone Beaty Single Family Affordable Lending and Access to Credit
Deep Dive with Freddie Mac 2019 NCSHA HFA Institute Erin Quinn and Simone Beaty Single Family Affordable Lending and Access to Credit January 17, 2019 A Better Freddie Mac and a better housing finance
More information2017 Economic Development Program Plus
2017 Economic Development Program Plus Agenda Federal Home Loan Bank of Dallas Community Investment Mission 2017 EDP Plus Allocation Amount and Program Revisions Overview of the Economic Development Program
More informationFederal Home Loan Bank of Seattle s Community Investment Programs. Chris Thomas, Relationship Manager
Federal Home Loan Bank of Seattle s Community Investment Programs Chris Thomas, Relationship Manager Community Investment Program Summary Product Description Member Benefits Application Deadline CIP/EDF
More informationHOMEOWNERSHIP ASSISTANCE PROGRAM SUMMARY
HOMEOWNERSHIP ASSISTANCE PROGRAM SUMMARY Product Description Allowable Origination Channel Program Name Program Approval Expiration Housing Authority Second mortgage loan program to be used in conjunction
More informationIncome Calculation Guidelines
Homeownership AHP and Down Payment Products Income Calculation Guidelines TABLE OF CONTENTS I. Income Eligibility Requirements (3) II. Basis for Income Eligibility (3) Determining Household Size (4) Whose
More informationHomeownership Initiatives
Homeownership Initiatives HOMEOWNERSHIP OPPORTUNITIES PROGRAM TRAINING DATE: 3-1-2018 PRESENTED BY: Ronna Edwards, Community Investment Compliance Analyst II Homeownership Opportunities Program AVAILABLE
More informationAssistance Program: City of Phoenix Open Doors Homeownership Program Code: DAZPXODHP
HOMEOWNERSHIP ASSISTANCE PROGRAM SUMMARY Product Description Allowable Origination Channel Program Name Program Approval Expiration Housing Authority Second mortgage loan program to be used in conjunction
More informationTown of Mammoth Lakes
Town of Mammoth Lakes Homebuyer Acquisition Only/ Acquisition with Rehabilitation Program Guidelines For: HOME Investment Partnerships Program Serving the HOME Approved (1/23/15) Page 1 of 52 HOMEBUYER
More informationSection 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
More informationUSDA 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
More informationSubject: Federal Home Loan Banks: Too Soon to Tell the Potential Impact of Excess Stock Rule on the Affordable Housing Program
United States Government Accountability Office Washington, DC 20548 June 22, 2007 The Honorable Christopher Bond Ranking Member Subcommittee on Transportation, Housing and Urban Development, and Related
More informationWorkforce 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
More informationSECTION 4 ELIGIBLE MORTGAGOR
4.01 First-Time Homebuyer All eligibility requirements of this section must be determined on the mortgagor, mortgagor s spouse, and any other person who is expected both to live in the Residence being
More informationPalm Beach County State Housing Initiative Partnership Program (SHIP) SHIP 2 nd SUBSIDY PROGRAM CRITERIA (Purchase Assistance Program & HOME Match)
Palm Beach County State Housing Initiative Partnership Program (SHIP) SHIP 2 nd SUBSIDY PROGRAM CRITERIA (Purchase Assistance Program & HOME Match) ALL APPLICATION ARE SUBJECT TO FUNDING AVAILABIITY GENERAL
More informationHomebuyer Dream Program TM Guidelines
Homebuyer Dream Program TM Guidelines January 2019 1 INTRODUCTION... 3 PROGRAM OVERVIEW... 4 PROGRAM OFFERING...4 MEMBER LIMIT...5 MEMBER PARTICIPATION...5 SECURE FILE TRANSFER PORTAL...5 HOMEBUYER DREAM
More informationCITY OF TUSTIN TUSTIN HOUSING AUTHORITY AFFORDABLE HOUSING OWNERSHIP PROGRAMS FACT SHEET (BUYER)
CITY OF TUSTIN TUSTIN HOUSING AUTHORITY AFFORDABLE HOUSING OWNERSHIP PROGRAMS FACT SHEET (BUYER) GENERAL PURPOSE The purpose of this document is to provide the prospective homeowner with a summary of the
More informationCity 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
More informationFirst Front Door. Down Payment and closing costs assistance up to $5,000 for income qualified first-time homebuyers
Community Investment Products Affordable Housing Up to $650,000 in subsidy for affordable housing development First Front Door Down Payment and closing costs assistance up to $5,000 for income qualified
More informationHousing Choice Voucher: Homeownership Program Frequently Asked Questions
Housing Choice Voucher: Homeownership Program Frequently Asked Questions 1. What is the Housing Choice Voucher Homeownership Program? This program is designed to assist families in reaching the dream of
More informationAPICIA DOWN PAYMENT ASSISTANCE PROGRAM
14922 SE 122 nd Ave., Clackamas, OR 97015 EIN: 87-0729346 APICIA DOWN PAYMENT ASSISTANCE PROGRAM This Procedural Guide is for the use of Participating Lenders, Homeownership Education Providers and Grant
More informationAssistance Program: City of Jacksonville Head Start to Homeownership Program Code: DFLJAHOME
HOMEOWNERSHIP ASSISTANCE PROGRAM SUMMARY Product Description Allowable Origination Channel Program Name Second mortgage loan program to be used in conjunction with: FHA Fannie Mae Fixed 30 year Conforming
More informationAssistance Program: Pasco County Homebuyer Assistance Program Code: DFLPCYHAP
HOMEOWNERSHIP ASSISTANCE PROGRAM SUMMARY Product Description Allowable Origination Channel Program Name Second mortgage loan program to be used in conjunction with: FHA Fixed Rate Fannie Mae Fixed 30 year
More informationPartnerships with Federal Home Loan Banks: Funding for Home Builders, Developers, Homebuyers, and Renters
Partnerships with Federal Home Loan Banks: Funding for Home Builders, Developers, Homebuyers, and Renters Meet Your Speakers Robert Dozier FHLBank Atlanta Jennifer Ernst FHLB Des Moines Arthur Fleming
More informationKacey B. Flanery. Dear Interested Applicant,
Dear Interested Applicant, Thank you so much for your interest in the City of Ponca City s Homebuyer Assistance Program. Attached you will find a program overview, application and other important information
More informationAssistance Program: Pima County HOME Down Payment Assistance Loan Code: DAZFHRDPA
HOMEOWNERSHIP ASSISTANCE PROGRAM SUMMARY Product Description Allowable Origination Channel Program Name Program Approval Expiration Housing Authority Second mortgage loan program to be used in conjunction
More information2018 Equity Builder Program
2018 Equity Builder Program Resources www.fhlbboston.com Housing and Economic Growth Tab Equity Builder Program Forms and Applications Download the following: Income Calculation Guidelines Homebuyer Information
More informationCity of San Joaquin Homebuyer Program Guidelines. HOME Program Guidelines Revision Date: 7/19/2010
2010 City of San Joaquin Homebuyer Program Guidelines HOME Program Guidelines Revision Date: 7/19/2010 Table of Contents 1.0. GENERAL... 4 1.1. PROGRAM OUTREACH AND MARKETING 4 1.2. APPLICATION PROCESS
More informationAssistance Program: Palm Beach County SHIP Purchase Assistance Program Code: DFLPBCSMS
HOMEOWNERSHIP ASSISTANCE PROGRAM SUMMARY Product Description Allowable Origination Channel Program Name Second mortgage loan program to be used in conjunction with: FHA Fixed Rate Fannie Mae Fixed 30-year
More informationUPDATE JULY 11, 2014
TOPIC PAGE Sales Contract Contingencies... 1 Reminders... 2 Financial Reform (Dodd-Frank Act): Nationstar Correspondent Information and Documentation Requirements... 2 Water Catchment Systems in the State
More informationHome Purchase Assistance Program Application
Thank you for your interest in the City of West Palm Beach s Home Purchase Assistance Program. The Home Purchase Assistance Program is administered by the Department of Housing and Community Development
More informationLANCASTER HOUSING OPPORTUNITY PARTNERSHIP HOME BUYER LOAN PROGRAM POLICIES & PROCEDURES January 2016
123 East King Street Lancaster, PA 17602 Phone: (717) 291-9945 Fax: (717) 291-9850 1. Home Buyer Education: LANCASTER HOUSING OPPORTUNITY PARTNERSHIP HOME BUYER LOAN PROGRAM POLICIES & PROCEDURES January
More informationCOMM22 For-Sale Housing First-Time Homebuyer Assistance May 6, 2016
First-Time Homebuyer Assistance May 6, 2016 Ted Miyahara Director of Housing Finance Real Estate Division Carrie Tapia Senior Program Analyst Real Estate Division Staff Recommendations 1) Approve Housing
More informationFirst Front Door. Program Manual
First Front Door Program Manual Contents Description of Program... 1 Program Components... 2 Retention Requirement... 9 Sale, Refinance and Foreclosure Within the First Five Years... 10 Document Retention,
More informationColorado Housing Assistance Corporation Mortgage Assistance Program for the State of Colorado.
DATE: 4/4/2018 SUBJECT: Colorado Housing Assistance Corporation Mortgage Assistance Program for the State of Colorado. Attached is a Fact Sheet for the above referenced program, available for homes purchased
More informationFirst-Time Homebuyer Down Payment Assistance Program
DRAFT City of American Canyon First-Time Homebuyer Down Payment Assistance Program Policy Guidelines For HOME Grant funds HCD Approved (Date) CC Approved (Date) ATTACHMENT 2 Contents 1.0 Program Overview...
More informationHOMEOWNERSHIP PROGRAMS
HOMEOWNERSHIP PROGRAMS PROGRAM BENEFITS Homebuyer Assistance *30-year fixed rate first mortgage loans *Down payment and/or closing cost assistance up to 5% of purchase price *Very low second mortgage interest
More informationHomeReady Conforming Fixed Program Summary
HomeReady Conforming Fixed Program Summary HomeReady Matrix with Mortgage Insurance Guideline Overlays: PURCHASE AND RATE TERM REFINANCE Occupancy Units FICO/Score LTV/CLTV/HCLTV Primary Residence 1 620
More informationPhone Number: Address: Contact of Realtor: Contact of Closing Attorney: Contact of Lending Bank:
191 NORTH STREET, SUITE 1, BUFFALO, NY 14201 PHONE - (716) 882-7661 FAX - (716) 882-7662 WWW.HOCN.ORG INFO@HOCN.ORG DOWN PAYMENT AND CLOSING COST ASSISTANCE DOCUMENTATION CHECKLIST Date Property Address:
More informationAssistance Program: City of Tampa Mortgage Assistance Program Code: DFLTAMPA
HOMEOWNERSHIP ASSISTANCE PROGRAM SUMMARY Product Description Allowable Origination Channel Program Name Second mortgage loan program to be used in conjunction with: FHA Fixed Rate Fannie Mae Fixed 30 year
More informationCity 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
More informationDEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 24 CFR Part 203. [Docket No. FR 5812-N-01]
This document is scheduled to be published in the Federal Register on 11/03/2014 and available online at Billing Code: 4210-67 http://federalregister.gov/a/2014-25492, and on FDsys.gov DEPARTMENT OF HOUSING
More informationAffordable Housing Program
Affordable Housing Program ShaDonte Butler Community Investment Business Development Manager September 21, 2017 FHLBank System Overview Support housing finance and community investment Cooperative Commercial
More informationAssistance Program: Hernando County SHIP Down Payment Assistance Program Code: DFLHCSHIP
HOMEOWNERSHIP ASSISTANCE PROGRAM SUMMARY Product Description Allowable Origination Channel Program Name Second mortgage loan program to be used in conjunction with: FHA Fixed Rate Fannie Mae Fixed 30 year
More informationHomebuyer Program Policies and Procedures. January 8, 2018
Homebuyer Program Policies and Procedures January 8, 2018 Welcome & Introductions Sponsored by HUD s Office of Affordable Housing Programs NCSHA Trainer Steve Lathom, TDA Consulting slathom@tdainc.org
More informationBuilder Partnerships with Federal Home Loan Banks
1 Builder Partnerships with Federal Home Loan Banks August 3, 2016 Copyright Click to edit Notice Master title style 2 2 Copyright 2016 National Association of Home Builders. All rights reserved. No part
More informationAssistance Program: City of Los Angeles Low Income Purchase Assistance Program (LIPA) Zero Interest Code: DCALIPADP
HOMEOWNERSHIP ASSISTANCE PROGRAM SUMMARY Product Description Allowable Origination Channel Program Name Second mortgage loan program to be used in conjunction with: FHA Fixed Rate Fannie Mae Fixed 30-year
More informationHousing Authority of the County of Santa Cruz Section 8 Homeownership Assistance Program Eligibility Worksheet
Housing Authority of the County of Santa Cruz Section 8 Homeownership Assistance Program Eligibility Worksheet SECTION 8 HOMEOWNERSHIP ELIGIBILITY Yes No Do you meet any of the Disabled/Elderly definitions
More informationExpanding Homeownership Responsibly with Freddie Mac. March 2, 2017
Expanding Homeownership Responsibly with Freddie Mac March 2, 2017 A Better Freddie Mac and a better housing finance system For homebuyers...innovating to improve the liquidity, stability and affordability
More informationLocality County of Louisa. P rogrum I. Program Category Community Development. Title Public Information Officer. Department County Administration
Application Form All applications must include the following information. Separate applications must be submitted for each eligible progt am. Deadline: June 1, 2010. Program Information Locality County
More informationWholesale and Correspondent Mortgage Partners Document and Disclosure Matrix
This information is being provided to aid in compliance with the policies and procedures of FirstBank. This list is not all inclusive. Nothing herein should be construed as legal advice and may not be
More informationGuide to Home Loans: Finding the Right One 7 DIFFERENT LOAN TYPES
Guide to Home Loans: Finding the Right One 7 DIFFERENT LOAN TYPES ?? There are a lot of loan choices so how do you figure out which is best? If you re looking to buy your first home, refinance or cash
More informationCity of Porterville. First Time Low-Income Homebuyer Loan Program Guidelines. For:
City of Porterville First Time Low-Income Homebuyer Loan Program Guidelines For: HOME Investment Partnerships Program Community Development Block Grant (CDBG) Program CalHome Program Serving the City of
More informationShopping for your home loan. Settlement cost booklet
Shopping for your home loan Settlement cost booklet CFPB (Consumer Financial Protection Bureau) January 2014 This booklet was initially prepared by the U.S. Department of Housing and Urban Development.
More informationORIGINATING AGENTS GUIDE REVISION 125. August 1, 2017
Ralph M. Perrey, Executive Director ORIGINATING AGENTS GUIDE REVISION 125 August 1, 2017 Remove and discard: Replace with enclosed: Page v (Revised 07/28/17)...Page v (Revised 07/28/17) Page 50 (Revised
More informationYORK HOMEBUYER ASSISTANCE PROGRAM
Revised 12/16/2010 YORK HOMEBUYER ASSISTANCE PROGRAM Funding Source Program Description - This program is designed to provide down payment & closing cost assistance to low/moderate income households in
More informationFIRST-TIME HOMEBUYER PURCHASE ASSISTANCE An application will be provided after obtaining program requirements.
HARDEE COUNTY BOARD OF COUNTY COMMISSIONERS Office of Community Development and General Services 412 West Orange Street, Room 201, Wauchula, Florida 33873 Telephone: 863-773-6349 *** Fax: 863-773-5801***TDD:711
More informationHousing Trust Silicon Valley ( HTSV ) Mortgage Assistance Program (MAP)
Housing Trust Silicon Valley ( HTSV ) Mortgage Assistance Program (MAP) Program Description: Housing Trust Silicon Valley s Mortgage Assistance Program (MAP) is an amortizing second loan that is now available
More informationHOUSING TRUST SILICON VALLEY LOAN GENERAL UNDERWRITING GUIDELINES
HOUSING TRUST SILICON VALLEY LOAN GENERAL UNDERWRITING GUIDELINES The Housing Trust reserves the right to revise and change guidelines at its discretion. These General Underwriting Guidelines are for all
More informationExpanding Homeownership Responsibly National Federation of Community Development Credit Unions. Sandra Heidinger September 2017
Expanding Homeownership Responsibly National Federation of Community Development Credit Unions Sandra Heidinger September 2017 A Better Freddie Mac and a better housing finance system For families...innovating
More informationDELAWARE STATE HOUSING AUTHORITY RESIDENT HOMEOWNERSHIP PROGRAM (RHP) MANUAL
DELAWARE STATE HOUSING AUTHORITY RESIDENT HOMEOWNERSHIP PROGRAM (RHP) MANUAL 1 INTRODUCTION These program guidelines outline the Delaware State Housing Authority s (DSHA) Resident Homeownership Program
More informationHomeTown: Portsmouth s First Time Homebuyer Program Information & Guidelines
HomeTown: Portsmouth s First Time Homebuyer Program Information & Guidelines The HomeTown Program is a partnership of the City of Portsmouth and Citizens Bank, N.A. Overview The HomeTown Program provides
More informationCity of Buffalo 2018 HOME GROWN HOMEOWNERSHIP PROGRAM Byron W. Brown, Mayor
Eligibility City of Buffalo 2018 HOME GROWN HOMEOWNERSHIP PROGRAM Byron W. Brown, Mayor The applicant must be an eligible low income first-time homebuyer, that is, an individual and his or her spouse who
More informationBEFORE YOU START - Assessing your Situation
BEFORE YOU START - Assessing your Situation Owning a home requires a significant amount of time, energy, money and education to understand the complicated purchase process. There are many advantages to
More informationSELF-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
More informationHouse for sale 16 Conklin Street Poughkeepsie, NY $136,264
House for sale 16 Conklin Street Poughkeepsie, NY 12601 $136,264 Age of Home: Last Sold: Type of Floors: 10 Years 2007 Hardwood Bedrooms: Bathrooms: Parking: Basement: 3 1.5 Off Street Finished This house
More informationAssistance Program: City of Austin Shared Equity Down Payment Assistance Code: DTXSHARED
HOMEOWNERSHIP ASSISTANCE PROGRAM SUMMARY Product Description Allowable Origination Channel Program Name Second mortgage loan program to be used in conjunction with: FHA Fixed Rate Fannie Mae Fixed 30-year
More informationFLORIDA HOUSING FINANCE CORPORATION Board Meeting December 15, 2006 Information Items
FLORIDA HOUSING FINANCE CORPORATION Board Meeting Items FISCAL I. FISCAL A. Operating Budget Analysis for October 2006 a) The Financial Analysis for October 31, 2006, is attached as Exhibit A. b) The Operating
More informationShared Equity Portfolio Analysis January November Fannie Mae. Trademarks of Fannie Mae.
Shared Equity Portfolio Analysis January 2014 - November 2018 2019 Fannie Mae. Trademarks of Fannie Mae. Introduction Shared equity programs preserve affordable homeownership opportunities by allowing
More informationHomebuyer s Assistance Program (HAP) Program Guidelines
Homebuyer s Assistance Program (HAP) Program Guidelines PROGRAM OBJECTIVE To provide low to moderate-income families affordable homeownership opportunities within the City of Fort Worth. ASSISTANCE AVAILABLE
More informationORIGINATING AGENTS GUIDE REVISION 105. October 05, 2015
Ralph M. Perrey, Executive Director ORIGINATING AGENTS GUIDE REVISION 105 October 05, 2015 Remove and discard: Replace with enclosed: Page iii (Revised 09/22/15)... Page iii (Revised 10/05/15) Page 24
More informationFHLB Atlanta - AHP Competitive Program
FHLB Atlanta - AHP Competitive Program Wednesday, January 13, 2016 TOOLS YOU CAN USE South Florida Community Development Coalition Joel Brockmann, Rental Production Manager Our Discussion Today FHLBank
More informationSTEPS 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
More informationMortgage Procedures and Regulations (MPAR)
Mortgage Procedures and Regulations (MPAR) Real Estate Settlement and Procedures Act (RESPA) Phase Sonia Lee Director, Affiliate Financial Service Agenda Today s goal: Equip participants with working knowledge
More informationMeasure A1 Implementation Policies
Measure A1 Implementation Policies Homeowner Development Fund On June 28, 2016, the Alameda County Board of Supervisors placed Measure A1 on the November ballot for $580 million in general obligation bonds
More information