For FHA loans with FICO scores 640-659 (see Fact Sheet)
For limited income borrowers using an LPA loan (see Fact Sheet)
Now can be used for DPA for FHA loans as well as Conventional/USDA/VA (see Fact Sheet)
Download with the closing package after pre-compliance approval.
For loans that don’t use state (DPA) or federal funds (MCCs), including a downloadable standard Pre-Compliance Loan Package (go to Loan Documentation)
Lender’s Administrative Contact will have to sign up (download form)
New structure based on what the borrower needs most (see Programs page - homebuyer section).
Automatic homebuyer referrals to top producting loan officers, and links for homebuyers to Workforce Housing Certified Realtors (learn more).