[ The latest news for Minnesota Housing homeownership lender partners ]
FHA Mortgagee Letter 2019-06 Follow-up: Revised FHA DPA Commitment Form
The Federal Housing Administration (FHA) guidance outlined in Mortgagee Letter 2019-06 will be effective for loans with FHA case numbers assigned on or after July 23, 2019 (per FHA ML-2019-07).
Minnesota Housing will be updating the FHA DPA Commitment Form to accommodate the FHA guidance. The updated form (version date 7/23/19) must be used for Minnesota Housing downpayment loans with first mortgage loans that have FHA case numbers assigned on or after July 23, 2019. Click here to see a sample of the updated form.
What changed on this form?
  • Page 1: Revised the first paragraph
  • Page 2: Added a legal opinion from our legal counsel stating we are a Governmental Entity operating within our jurisdiction.
On July 23, we will update the Minnesota Housing loan commitment system and website with the revised FHA DPA Commitment Form. For lenders that use their own system to generate loan documents, we have provided the updated form to your document management contacts and document management companies. 
Updated: U.S. Bank Home Mortgage Hazard Insurance Address
Per U.S. Bank's Bulletin B-2019-16, effective for loans purchased on or after June 26, 2019, the address in the Hazard Insurance Mortgagee Clause should be:
P.O. Box 961045
Forth Worth, TX 76161-0045
Minnesota Housing updated the Hazard Insurance Mortgagee Clause Language document to reflect the address change.
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, July 11
  • Thursday, August 8
  • Thursday, September 12
Training Opportunities
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)
  • Conventional Products (10 minutes)
  • Post-closing (10 minutes)
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 Webinar (on-demand):
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.
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