Register for Training: Live Webinars April 16-25
We encourage all lenders to complete online training for the Minnesota Housing programs you offer before the Loan Commitment System launch. Visit the Commitments page to register.
If you are unable to attend a live Webinar, recordings will also be posted on the Commitments page
Register for Training
Important Document Changes and Mortgage Revenue Bond (MRB) Updates
Loans locked in the new loan commitment system (on or after April 22) must use new documents. Loans locked in the current system (prior to April 22) may use new or old documents.  
Homeownership Lenders
  • NEW Mortgage Revenue Bond Document
    • RD/Conventional Notice to Borrowers (for Start Up RD/Conventional loans)
  • Combined FHA/VA Notice to Borrowers (Start Up MRB form for FHA/VA)
  • Updated Borrower Affidavit (Start Up MRB form)
  • Updated Notes and Mortgages for Monthly Payment Loan and Deferred Payment Loan
  • Updated versions of the Lock, Fee & SRP Guide and the Start Up and Step Up Procedural Manuals
  • New Forms Guide and Glossary with a list of required documents and links to samples rather than fillable versions (new and old versions of the Forms Guide and Glossary will be posted in the Lender Toolkit)
Home Improvement Lenders
  • Updated Notes, Rate Lock Guide and Procedural Manual
  • New Fix Up Co-signer Notice
  • No longer use Minnesota Housing Fix Up Credit Application
  • No longer submit Fix Up Lender Certificate to AmeriNat
  • New Forms Guide and Glossary with a list of required documents and links to samples rather than fillable versions
Rehabilitation Loan Program and Emergency and Accessibility Loan Program Lenders
  • New Forms Guide and Glossary shows list of required documents for both RLP and ELP
  • Closing documents will be generated in the loan commitment system
How You'll Access Documents
There are three ways to access new loan documents starting April 22. Please work with your company to find out which option you will use: 
  • Order Documents function through the Loan Commitment System, which will create a document package for each loan with most fields pre-populated
  • Document management companies
  • Your company’s loan origination system (via subscription option)
Stay Informed
FAQs
Submit your questions in this online form and review the latest FAQs.
Website
Visit the new Commitments web page for resources and information.
eNews
Keep an eye out for upcoming emails with important information about the new system launch.
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