Updated Start Up, MCC and Step Up Program Manuals We revised sections of the Start Up, MCC and Step Up Procedural Manuals that pertain to the following topics, but did not make policy changes.
- Homebuyer education
- Ineligible properties
- Eligible loans
- Loan mortgage insurance (MI) coverage
- Assumptions/due-on-sale
- Appendix/forms list
- Loan processing and closing
- Credit scores and debt-to-income ratios (DTI)
In addition, there are now links to the conventional product descriptions in the manuals.
