CHFA has updated its Seller’s Guide. A synopsis of the changes can be found in
CHFA Participating Lender Announcement 2017-04.
new document submission requirement for conventional loans
Effective immediately for all CHFA Advantagesm, CHFA Preferredsm, and CHFA Preferred Plussm loans, CHFA will now require submission of the Participating Lender’s Income Calculation
Worksheet prior to compliance review. Failure to provide this document will result in CHFA suspending the loan for purchase.
Please contact us with any questions regarding these requirements.