Home Purchase Transaction Information: - Federal Home Loan Banks
FILLIN Date FORMTEXT Date FORMTEXT Address to FHA Mortgage HolderSubject: AHP and FHA FinancingTo Whom It May Concern:The Federal Home Loan Bank of San Francisco (Bank) is providing this letter for the sole purpose of satisfying the FHA’s requirements applicable to secondary financing transactions by Government Entities as set forth in Handbook 4000.1, FHA Single Family Housing Policy Handbook Section II.A.4.d.ii.(C), and Section II.A.4.d.iii.(J)(1)(c), to the extent that the Bank is required to comply, and not for any other purpose.The Bank and FORMTEXT Member Bank Name(Member) entered into an Affordable Housing Program Direct Subsidy Agreement – Homeownership Set-Aside Agreement, effective FORMTEXT Month Day, Year (Agreement). The Bank’s Affordable Housing Program (AHP) is an acceptable source of downpayment assistance that may be used in conjunction with FHA-insured financing to satisfy the borrower’s 3.5% minimum cash investment requirement, as set forth in HUD Handbook 4155.1 Section 5.B.7.d. You are advised that the Bank has, at or before closing, incurred a legally enforceable obligation to provide the Member with funds towards an eligible homebuyer’s downpayment and/or closing costs for the purchase of an owner-occupied residence provided that the Member complies with the terms of the Agreement. On behalf of the Bank, the secondary financing will be closed in the name of the Member.Home Purchase Transaction Information:FHA Case Number (First Mortgage): FORMTEXT ?????Member Information:Name: FORMTEXT ?????Address: FORMTEXT ?????Tax ID: FORMTEXT ?????Name of Borrower(s): FORMTEXT ?????Property Address: FORMTEXT ?????Amount of Secondary Financing (WISH or IDEA funds) $ FORMTEXT ?????Purpose of Secondary Financing: FORMCHECKBOX Downpayment FORMCHECKBOX Closing Costs19050040259000Sincerely,Marietta Nú?ezSenior Vice PresidentCommunity Investment Officer ................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- hud u s department of housing and urban development hud
- quality control plan checklist for loan origination reference hud handbook 4060 ahacpa
- how the hope for homeowners program works
- compliance checklist
- home purchase transaction information federal home loan banks
- fmha instruction 1924 a
- fha 4 eight fha mortgage loan programs
- ffiec home page
- united states department of housing and urban development
- home affordable modification agreement form 3157 word
Related searches
- federal home loan borrowing
- federal home loan mortgage corporation
- navy federal home loan pre approval
- federal home loan agency
- federal home loan bank rates
- federal home loan bank atlanta
- federal home loan bank grant
- federal home loan mortgage corp
- navy federal home loan rates
- home loan purchase agreement
- navy federal home loan requirements
- federal home loan rates