Jacksonville HFA

Jacksonville Housing Finance Authority – MCC Program 

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Jacksonville Housing Finance Authority

Lender/Program Portal


Note – for details, see the Administrator’s Guidelines under GUIDE & FORMS

PROGRAM FUNDS
  •  14.7  Million
ELIGIBLE AREAS
  • Jacksonville
ELIGIBILITY CRITERIA
  • First-time Homebuyers – All Borrower(s) & Spouses (occupant or non-occupant)
  • Must be able to permanently reside in the U.S.
  • Principal residence
  • Borrower(s) must occupy property within 60 days of closing
  • IRS filed returns for past 3 yrs – all borrower(s) & spouses
ELIGIBLE LOAN TYPES
  • FHA, VA, USDA-RD
INCOME LIMIT CRITERIA 
  • Household income is considered for ALL Borrower(s) , spouses and anyone 18 years or older.
    • 1-2 persons hhld – $69,16
    • 3+  persons hhld – $79,552
HOME ACQUISITION LIMITS 
  • Home Acquisition Limits
    • $199,000
HOME BUYER EDUCATION
  • Required for ALL named on the Warranty Deed. View Homebuyer Education Providers.
CO-SIGNERS
  • Cosigners are permitted for FHA loans as per FHA Guidelines. Cannot be named on the Warranty Deed.
LOAN TIME LINE REQUIREMENTS
  • Reservation to UW Cert: 10 days
  • Reservation to Close, Delivery, Cleared of all exceptions and Purchased: 65 days
FORMS
  • Available online. eHP SF Web Management, under Forms.

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eHousingPlus is the Program Administrator, and provides some of the following services:

 

Administrator Guidelines (1/1)      6/30

  • Provides the web-based program loan reservation and management system, Administrator’s Guidelines, Program forms, Lender Program and System Training, Notices and updates to Lenders, Compliance Support to Lenders, Reviews Compliance Files, Timelines, Works with the Agency on Program Goals.
  • Need help, Click here

Program Sample Forms form 7-15

Preclosing (in case needed) – Notices and Recapture – Click Here
The Following Lenders have been approved to originate loans in this Program:

  • Academy Mortgage
  • American Financial Network, Inc.
  • Atlantic Coast Bank
  • DHI Mortgage
  • Open Mortgage
  • Pacific Union Financial
  • SWBC

Interested in becoming a participating lender? Contact us.

Program Updates

Check the Blackboard for periodic program updates and notifications.

  • 1/1/2017-new program
  • 6/14/16 – updated income limits

EhousingPlus University

  1. eHP Lender Program Training
    • Required for everyone participating in the program
    • offered 24/7
    • Click here to attend Program training
  2. eHP System Training*
    • After you complete the online Lender Program Training, information is provided as to what happens next.
    • Click here to register for system training

 

Should you have any questions on training, please contact trainer@ehousing.cc

To read more about eHP Program Training, click here.

* System Training is required at least once, so that users gain the knowledge necessary to originate and manage their loans on-line. eHP University provides additional opportunities to re-train and/or refresh your system knowledge. Recurring (experienced) system users do not need to attend system training.