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File Review Status

Updated 09/16/14

Item Detail
CalHFA First Loans

Approx First Loans in Line for Review (including any CHDAP junior loan)

3

Date Compliance Underwriters are Working

Sept 15
CHDAP Stand Alone

Approx CHDAP Stand Alone Loans in Line for Review

34

Date Compliance Underwriters are Working

Sept 12
News & Updates

Bulletin 2014-15
CalHFA releases updated sales price limits

Bulletin 2014-14
CalHFA FHA First Mortgages to Allow Manufactured Homes

Bulletin 2014-11
CalHFA first mortgage programs, now helping NON-first-time homebuyers

Bulletin 2014-09
CalHFA launches NEW Conventional mortgage loans and an EEM Grant program

Bulletin 2014-10
Updated requirements for Approved Lenders

Bulletin 2014-08
(Fee) Revisions to the CHDAP program

Bulletin 2014-07
Revisions to the CHDAP program

Bulletin 2014-06
New Maximum DTI Ratio

Did You Know?

Lenders receive a 1% Service Release Premium in addition to the origination fee on all CalHFA first mortgages!

CalHFA Training

ONSITE TRAINING (In-Person)

CalHFA Trainer Molly Ellis invites you to join her at a CalHFA training event this summer.

TOPIC: CalHFA Lender Training

This in-person seminar will include training on all CalHFA programs, borrower and property eligibility, processing, documentation and income calculations.
Highly Recommended for*: Loan Officers, Originators, Processors, Underwriters
Useful for: Real Estate Professionals
*We will accept attendance requests from nonprofit agencies whose main focus is affordable housing.

Date
Time
Location
Wednesday, September 24 9:00 AM - 1:00 PM Register for Palmdale
       

WEBINAR TRAINING

TOPIC: Various Topics

The following webinars cover training on CalHFA’s new programs, program eligibility and post-closing.
Highly Recommended for: Loan Officers, Realtors
Useful for: Processors, Underwriters and Real Estate Professionals

Date
Time
Topic
Registration Link
Wednesday, September 10 10:00 AM - 11:00 AM  Program Overview https://www2.gotomeeting.com/register/695885154
Thursday, September 11 10:00 AM - 11:00 AM  Program Eligibility https://www2.gotomeeting.com/register/774525626
Tuesday, September 23 10:00 AM - 11:00 AM  Program Overview https://www2.gotomeeting.com/register/836637562
Thursday, September 25 10:00 AM - 11:00 AM  Program Eligibility https://www2.gotomeeting.com/register/853983778

TOPIC: CalHFA MCC Tax Credit Program Training

This mandatory training is available to eligible MCC participating lenders through CalHFA’s program administrator, eHousingPlus.  MCC participating lenders may sign up for training through the eHousingPlus web site at www.ehousingpl.us/calhfamcc2012
Highly Recommended for: Loan Officers, Underwriters
Useful for: Processors and other mortgage professionals

eHousing Training Site Link
CalHFA MCC Training www.ehousingpl.us/calhfamcc2012

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