For Lenders & Realtors
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The special offer of $1,000 in additional FirstHome Plus program down payment assistance has been expended as of December 30, 2011. Thank you to our participating Lenders and real estate agents for making it a success! Please remember, the FirstHome Plus $2,500 down payment assistance grant is still available. More information is available here. |
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About Iowa Finance Authority Participating Lenders
Consumers rely on real estate professionals and lenders to provide information and assist them during the home purchase process. IFA Participating Lenders are expected to answer borrower questions about available programs, complete the required loan and bond documents and keep the borrower apprised of the loan status. Specific lender responsibilities include:
- Completing applications for FirstHome and FirstHome Plus loans
- Registering FirstHome and FirstHome Plus loans to lock in the interest rate and reserve funds
- Providing timely completion of required loan and bond documents
- Submitting the loan to the master servicer for purchase
Become an Iowa Finance Authority Participating Lender
We welcome you to become a part of our network of hundreds of lenders across the state that provide affordable financing to Iowa home buyers. An overview of IFA's homeownership programs is provided below under presentations. IFA's Mortgage Origination Agreement should answe many questions about Participating Lender responsibilities. Please direct any questions about becoming a Participating Lender to Irene Hardisty.
Current Interest Rates
Notices
9.29.11: Changes are coming to Iowa Finance Authority's Single-Family Programs
Programs
FirstHome & FirstHome Plus
Homes for Iowans (formerly known as "Expanded Market")
Military Homeownership Program
Resources
QUICK CHECK: Eligibility Tool
Income Limits Summary with Census Tracts
Lender Frequently Asked Questions New!
Homeownership Programs Flyer
Recapture Tax Flyer
Recapture Tax Documents
Cooperative Advertising Program
Loans Purchased by Lender CY 2010
FirstHome & FirstHome Plus Loans Purchased, CY 2009
Guide to Accessing FirstHome information from USBHM MRBP Manual
IFA Homeownership Program Summaries and Documents
Title Guaranty Documents
USBHM – MRBP Manual
Presentations
DO/DU Underwriting Execution
FHA 203ks in FirstHome Program
IFA Program Compliance
IFA Rural Development 502 Guaranteed
Lender Online
IFA Conventional Mortgages
IFA Program Closing Guide
IFA Homeownership Programs
Title Issues & TG Guidance
USBHM Underwriting & Delivery
USBHM Quick Reference
USDA
USDA Guaranteed Underwriting System
Contact Us
Irene Hardisty, Iowa Finance Authority: 800.432.7230
An IFA Participating Lender
