metroDPA TMS Servicer
MetroDPA TMS Servicer | At-A-Glance
AVAILABLE PROGRAMS
metroDPA TMS Servicer
ELIGIBLE AREA
Eligible Areas
ELIGIBLE BORROWER(S)
No first-time buyer requirement
RATES
See Chart
DPA AVAILABLE
See Chart
LOAN TYPE
See Chart
INCOME LIMITS
Income Limits
PURCHASE LIMITS
There are no purchase price limits in this program. Follow Agency and GSE (FHA, USDA-RD, VA, Fannie Mae and Freddie Mac) guidelines for maximum loan limits.
TIMELINE REQUIREMENTS
60 calendar days from loan reservation to loan purchase. Underwriter Certitied anytime prior to closing.
HOMEBUYER EDUCATION
Homebuyer Education
CO-SIGNERS
Permitted to the extent allowed by applicable Agency (FHA, VA, USDA-RD, etc) and the servicer. Treat co-signer income as directed by Agency. A co-signer cannot have any ownership interest in the property (they cannot be on the Warranty Deed).
PROGRAM GUIDELINES
metroDPA Program Guidelines - TMS Servicer
PARTICIPATING LENDERS
Participating Lenders
Today’s Rates & Offerings
MetroDPA TMS | Rates & Offerings
| [ Business Days 8:00am - 6:00pm MT ] | ||||||
|---|---|---|---|---|---|---|
| metroDPA TMS GOVERNMENT | ||||||
| Offering | FICO | DPA | Lock Rate | |||
| FHA, USDA, VA | 620 | 0% | 6.375% | |||
| FHA, USDA, VA | 3% | 7.000% | ||||
| metroDPA TMS GOVERNMENT - EDGE 2% | ||||||
| Offering | FICO | DPA | Lock Rate | |||
| FHA, USDA, VA | 620 | 0% | 5.875% | |||
| FHA, USDA, VA | 3% | 6.375% | ||||
| metroDPA TMS CONVENTIONAL | ||||||
| Offering | FICO | DPA | Lock Rate | |||
| Fannie Mae OR Freddie Mac <= 80% AMI | 620 | 0% | 6.750% | |||
| Fannie Mae OR Freddie Mac <= 80% AMI | 3% | 7.250% | ||||
| Fannie Mae OR Freddie Mac OVER 80% AMI | 0% | 6.875% | ||||
| Fannie Mae OR Freddie Mac OVER 80% AMI | 2% | 7.250% | ||||
| metroDPA TMS CONVENTIONAL - EDGE 2% | ||||||
| Offering | FICO | DPA | Lock Rate | |||
| Fannie Mae OR Freddie Mac <= 80% AMI | 620 | 0% | 6.250% | |||
| Fannie Mae OR Freddie Mac <= 80% AMI | 3% | 6.875% | ||||
| Fannie Mae OR Freddie Mac OVER 80% AMI | 0% | 6.375% | ||||
| Fannie Mae OR Freddie Mac OVER 80% AMI | 2% | 6.750% | ||||
metroDPA TMS Servicer
MetroDPA TMS Servicer | At-A-Glance
AVAILABLE PROGRAMS
metroDPA TMS Servicer
ELIGIBLE AREA
Eligible Areas
ELIGIBLE BORROWER(S)
No first-time buyer requirement
RATES
See Chart
DPA AVAILABLE
See Chart
LOAN TYPE
See Chart
INCOME LIMITS
Income Limits
PURCHASE LIMITS
There are no purchase price limits in this program. Follow Agency and GSE (FHA, USDA-RD, VA, Fannie Mae and Freddie Mac) guidelines for maximum loan limits.
TIMELINE REQUIREMENTS
60 calendar days from loan reservation to loan purchase. Underwriter Certitied anytime prior to closing.
HOMEBUYER EDUCATION
Homebuyer Education
CO-SIGNERS
Permitted to the extent allowed by applicable Agency (FHA, VA, USDA-RD, etc) and the servicer. Treat co-signer income as directed by Agency. A co-signer cannot have any ownership interest in the property (they cannot be on the Warranty Deed).
PROGRAM GUIDELINES
metroDPA Program Guidelines - TMS Servicer
PARTICIPATING LENDERS
Participating Lenders