Plus: Acquisition Cost Limit Changes
Plus: Acquisition Cost Limit Changes
Register Today for April 12
In-Person Training
Plus: Acquisition Cost Limit Changes

Reminder: Spring In-Person Training 
Refresh your knowledge of our homeownership programs and get the latest updates from Minnesota Housing, U.S. Bank HFA Division, and representatives from Fannie Mae and Freddie Mac at our spring in-person training. 
Wednesday, April 12
8:00 a.m.- 4:00 p.m.

Normandale Community College, Partnership Center | 
Bloomington 
Customize your day by choosing any or all of the following sessions (as applicable to your role) when you register. View detailed information about each session and the intended audiences.
  • 8:00-8:30 a.m.: Registration 
  • 8:30–9:30 a.m.: Minnesota Housing Program and Eligibility Overview
  • 9:45–10:45 a.m.: Income Training
  • 11:00 a.m.-12:00 p.m.: Document Training
  • 1:00–1:50 p.m.: U.S. Bank Session
  • 2:00–2:50 p.m.: Conventional Products Training
  • 3:00–4:00 p.m.: Panel Discussion with U.S. Bank, Fannie Mae, Freddie Mac and Mortgage Insurance Companies
Registration is free and required for each attendee. Contact Emily Strong at 651.296.3631 to sign up.
Acquisition Cost Limit Changes Effective April 17
At the direction of the IRS, we are adjusting acquisition cost limits for homes purchased through our Start Up, Mortgage Credit Certificate (MCC) and Step Up programs. These new limits apply to loan commitments made on or after Monday, April 17, 2017:  
  • 11-County Twin Cities Metro: $306,000 (decreased from $307,900)
  • Balance of State: $253,800 (decreased from $255,500)
Remember Fannie Mae HFA Preferred™ this Homebuying Season
This homebuying season, don't forget that the Fannie Mae HFA Preferred™ product can help you serve more low- to moderate-income borrowers and is available with our Start Up, MCC and Step Up programs.
Check out this flyer for more information. For product requirements, please see the 
HFA Preferred™ production description on our website.
Questions?
You can reach the Partner Solutions Team at 651.296.8215 or 800.710.8871 between 7:30 a.m. and 5:00 p.m. on business days.
400 Sibley Street, Suite 300 | Saint Paul, MN 55101 US
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