Homeownership Programs eNews
January 15, 2020
[ The latest news for Minnesota Housing homeownership lender partners ]
Reminder: Conventional Cash to Close Grant Program Ending Today
The Conventional Cash to Close Grant (CCCG) with Freddie Mac HFA Advantage® will no longer be available for loans locked in the Minnesota Housing loan commitment system on or after today Wednesday, January 15, 2020. For loans with lock dates on or before January 14, 2020, please contact the Partner Solutions Team if you need to add or make changes to a grant after January 15.
Reminder: Freddie Mac Conventional Loan Program Changes
Freddie Mac recently announced changes to their conventional loan products that will affect our Start Up and Step Up conventional loans. Please see the January 7 eNews for more details.
Updated Resources
The Lender Toolkit has been updated with the Conventional Cash to Close Grant information. Click the Conventional Loan Options section to access conventional resources. The Freddie Mac pricing changes will be updated March 1.
Office Closed on Dr. Martin Luther King, Jr. Day
Minnesota Housing will be closed on Monday, January 20 in observance of Dr. Martin Luther King, Jr. Day. Lenders will be unable to lock new loans between 8:00 p.m. on Friday, January 17 and 10:00 a.m. on Tuesday, January 21.
Minnesota Housing is Hiring - Position Closes January 16
We are looking for a Homeownership Program Manager to join our Lending Programs Team. This position will help develop and implement our home mortgage programs, including downpayment assistance programs, affordable first mortgage loans, and home improvement loans. See the full position description and more benefits of working at Minnesota Housing. This position closes at midnight on January 16.
Monthly Minnesota Housing Update & Underwriter Call: New Series Sign-up
Join us monthly to review recent Minnesota Housing updates and important information to help you originate and process our loans. Click here to register for the monthly calls.
Please note that if you signed up for the last series of calls, you'll need to register again for the next series. (The previous link has expired.) When you register, you will be signed up for all sessions but can attend the sessions that work for you. All calls occur on the second Thursday of the month from 9:00-10:00 a.m. CST. Next sessions are:
  • Thursday, February 13
  • Thursday, March 12
  • Thursday, April 9
eLearning and Recorded Trainings
Check out our quick, on-demand eLearning courses:
  • Intro to Minnesota Housing (10 minutes)
  • Start Up Eligibility Basics (10 minutes)
  • Start Up Income Training (25 minutes)
  • Start Up Forms (20 minutes)
  • Downpayment and Closing Cost Loans (10 minutes)
  • Post-closing (10 minutes)
  • Step Up Overview (10 minutes) NEW!
View the instructions to create an eLearning account to access these on-demand trainings. If you already created an account, view your training record and take the course.
Recorded Webinars (on-demand):
Enter your information, click on "Register" and the webinar will begin.
Questions?
You can reach the Partner Solutions Team at 651.296.8215 or 800.710.8871 between 8:00 a.m. and 5:00 p.m. on business days.
Twitter Facebook LinkedIn
www.mnhousing.gov
Manage your preferences | Opt out using TrueRemove™
Got this as a forward? Sign up to receive our future emails.
View this email online.
400 Wabasha Street North Suite 400
Saint Paul, MN | 55102 US
This email was sent to .
To continue receiving our emails, add us to your address book.
powered by emma
Subscribe to our email list.