[ The latest news for Minnesota Housing homeownership lender partners ]
Freddie Mac Conventional Loan Program Changes
Freddie Mac recently announced changes to their conventional loan products that affect our Start Up and Step Up conventional loans and the Conventional Cash to Close Grants (CCCG). We will continue to offer Freddie Mac and Fannie Mae conventional loan programs for borrowers with incomes at/below 80% of the area median income (AMI) and borrowers with incomes over 80% AMI.
We will announce our product changes and implementation timeline soon. Watch for an eNews with more details.

Tips for Success: Affidavits

Questions about borrower and property seller affidavits?
  • The Borrower and Property Seller Affidavits are required on all Start Up transactions. They are not required on Step Up transactions.
    • For the Borrower Affidavit, the borrower(s) sign the document.
    • For the Seller Affidavit, the seller(s) sign the document. If a person other than an individual seller is signing (e.g. Trustee, Authorized Signatory, etc.), follow the authorizing documents guidance on the Affidavit.
    • For REO properties, use the Institutional Seller Affidavit version of the form.
  • Both Affidavits need to be signed and notarized at closing, or as close to closing as possible.
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, December 12
eLearning and Recorded Trainings
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)
  • Step Up Overview (10 minutes) NEW!
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 Webinars (on-demand):
Enter your information, click on "Register" and the webinar will begin.
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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