[ The latest news for Minnesota Housing homeownership lender partners ]
Step Up Loan Program: New Lock Period
Effective for loans locked on or after August 5, 2019, the lock period for Step Up loans has changed from 45 to 60 days. The Lock, Fee, and SRP Guide has been updated to reflect this change. If you have any questions, please contact our Partner Solutions Team (see full contact information below).
Fannie Mae Conventional Loan Program Changes
Fannie Mae recently announced changes to their conventional loan products that will affect our Start Up and Step Up conventional loans.
We will continue to offer conventional loan products for borrowers that meet our Start Up or Step Up income limits. We will announce our product changes and implementation strategy soon, so please watch for an eNews with more details.
Minnesota Housing Phone System Update
Effective today, the options you hear when calling Minnesota Housing have changed slightly. We've removed option #5, which was created to support the implementation of our new loan commitment system.
The Partner Solutions Team will continue to provide support to our lending partners for commitment system questions and program information via option #2. Give us a call today at 651.296.8215, option #2.
Monthly Minnesota Housing Update & Underwriter Call
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.
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, August 8
  • Thursday, September 12
  • Thursday, October 10
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)
  • 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):
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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