Attention all lenders:

The Home Finance Division will be out of the office on Monday, January 28th. We will not perform any Loan Compliance Analysis’ that day. Please keep in mind our 72 hour cycle time for Compliance Analysis and submit your files accordingly. Please circulate this message throughout your office to accommodate all January closings.

We apologize for any inconvenience.

Homebuyer education can be obtained in either the classroom setting or by taking CHFA’s class on line. Some mortgage insurance companies provide a reduction in the mortgage insurance premium if the borrower participates in classroom homebuyer education. This online class will meet all of CHFA’s requirements; however, it may not meet the educational requirements of mortgage insurance companies or other down payment assistance programs. Please discuss this issue with borrowers to determine which educational setting, on line or classroom, will meet the requirements of the loan programs in which they are participating.

Please remind your coworkers to signup for the Home Finance eNews or Loan Rates Updates. Simply click the Forward Email link at the bottom of this email to pass this information along to others. Everyone in your company can subscribe if interested, and you can unsubscribe at any time.