As a reminder, for reservations made on or after the IRS tax filing deadline (April 17, 2017) the borrower’s 2016 tax returns are required. Submission of 2015 tax returns or a filing extension in lieu of 2016 returns is not permitted.
Loan File SubmissionsWhen submitting loan files to CHFA for program compliance, prefunding, or purchase review, please remember that all documents for any associated CHFA Second Mortgage or CHFA Mortgage Credit Certificate (CHFA MCCsm) must also be submitted before the loan will check in for review. Delays in submitting CHFA Second Mortgage and/or CHFA MCC documents will delay review of associated CHFA First Mortgage Loans.
CHFA Second Mortgage Loan FAQsDon’t forget – if you have questions related to the CFHA Second Mortgage Loan, please visit our
FAQ page to see if the answer to your question can be found there. If not, give us a call.