chfa participating lender announcements



​Announcement Number
Summary 
​PLA-2019-02
Added “Lender Communication” section, Deleted references to the CHFA Advantagesm Program, Changed term “Minimum Financial Investment” to “Minimum Borrower Financial Contribution” , Changes to underwriting and CHFA Down Payment Assistance (DPA) options on CHFA Preferredsm Programs,  Specified that CHFA will not fund DPA without purchasing the associated CHFA First Mortgage Loan, Reminder to comply with any applicable interest rate caps, Miscellaneous technical updates ​
​PLA-2019-01
​Reservation Now Referenced as Lock, Marketing Materials, Mortgage Credit Certificates (MCC), Loan Limits and Purchase Limits, CHFA HomeAccesssm and CHFA SectionEight Homeownershipsm Programs updates, Relocking Loans, Document Errors, Funding and Servicing Transfers Timelines, Miscellaneous Updates, 
PLA-2018-02
Lender Approval Process and Renewal Requirements, Down Payment Assistance as Principal Reduction, TRID 2.0 Disclosures, CHFA HomeAccess and CHFA SectionEight Homeownership Homebuyer Education, Property Inspections, and Interest Credit Guidelines, Early Payoffs and Service Release Premium, Miscellaneous Updates 
PLA-2018-01
​CHFA Seller's Guide Updates, User Consent and eNews Communications, Cisterns, CHFA Second Mortgage Loan Subordination Terms, Interest Rates Availability, Reservation Changes, Transfers, and Cancellations, Calculating Income, First Payment Due Date, Miscellaneous Updates 


​PLA-2017-04
​Condominium Project Approvals, Uniform Closing Dataset (UCD) Requirements, Specificity Regarding Appraisal Independence Requirements (AIR), Miscellaneous Updates
PLA-2017-03
​Uniform Closing Dataset (UCD) Requirements 

​PLA-2017-02
​CHFA FirstStepsm and FirstStep Plussm, Gross Household Income and Calculation Methodology,  Miscellaneous Updates 

​PLA-2017-01
​Down Payment Assistance Updates, Borrower Premium Changes, Very Low-Income Program (VLIP) for CHFA Freddie Mac® Programs, Reintroduction of the CHFA MCCsm Program, Miscellaneous Updates