Participating lenders may charge an Origination Fee, to the borrower, of no more than 0.500% on applications dated March 1, 2018 and thereafter. No discount fee may be charged.
New program policies will be available on the MFA website by March 1, 2018.
MFA also requests that participating lenders inform the appropriate staff within their organization of the upcoming changes.
Please feel free to contact MFA’s Homeownership Department with any questions or for further clarification.
Thank you for participating in MFA’s single-family program.