Sep 25, 2023 2023-16
HFA Advantage® Term Sheet Revision & Upcoming Trainings Reminder
Please be advised that the HFA Advantage® Term Sheet has been corrected and revised as of today to reflect the following:
- Manual underwriting is not permitted for any reason. This change is the result of an overlay set forth by our contract service provider, Idaho Housing and Finance Association (IHFA).
- The maximum allowable TLTV (total loan to value) for a transaction secured by a manufactured home is 95 percent.
CLICK HERE to view the revised HFA Advantage® Term Sheet:
Reminder of upcoming trainings:
Freddie Mac is offering two training sessions in advance of the MFA’s October 1 rollout. Please use the links below to register in advance for the session of your choice:
- Tuesday, September 26, 2023, 10:00 am-11:00 am MDT
- Thursday, September 28, 2023,10:00 am-11:00 am MDT
Should you have questions please contact a member of the homeownership department at 505.843.6880.