CHFA eNews: Home Finance
chfa enews - home finance 
  October 31, 2018

reminder/update homeconnectionsm: system modifications

The following modifications have been made to the CHFA HomeConnectionsm system:

Modifications

Status

Filter Feature

A new filter feature will be displayed at the top of the reservation menu to help you find and lock a program.

Active

Product Selection Confirmation

A popup window will appear summarizing the reservation, allowing the opportunity to review the main parameters of the reservation prior to confirming the lock.

Active

Consumer Data Protection

Decision letters will no longer be attached to an email. Lenders will receive an email stating a status change has occurred on a loan.  This email will provide a link to HomeConnectionsm to access the decision letter. 

Active


The following modification has been delayed and will be introduced on a later date:

Modifications

Status

Borrower DPA Acknowledgment Letter (Form 510)

A Borrower DPA Acknowledgement Letter (Form 510) will be generated upon reservation. The lender should provide this letter to the borrower for signature. It summarizes the reservation and explains the form of down payment, if any, tied to the loan. This form will be required on applicable loans reviewed for purchase on or after January 1, 2019.

Delayed


Please contact us with any questions.

CHFA Home Finance
CustomerServiceDesk@chfainfo.com
303.297.7376 or 888.320.3688 Denver
970.241.2341 or 800.877.8450 Western Slope


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