eHP Agency Highlights

Sample Program #1

Nevada Housing Division, HIP | At-A-Glance

AVAILABLE PROGRAMS Home is Possible, Home Means Nevada
ELLIGIBLE AREA Entire state of Nevada
ELIGIBLE BORROWER(S) Home is Possible: No first-time buyer requirement // Home Means Nevada: Buyers must be first-time buyer and meet the six-month residency reguirement.
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 (FHA, USDA-RD, VA and Freddie Mac) guidelines for maximum loan limits.
TIMELINE REQUIREMENTS 70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing.
HOMEBUYER EDUCATION Homebuyer Education
CO-SIGNORS Co-Signer and Non-Occupant Co-Borrowers are permitted by the program subject to the Lender following all applicable loan agency and US Bank guidelines.
PROGRAM GUIDELINES Guidelines
Participating Lenders Participating Lenders

Sample Program #2

Nevada Housing Division, HIP FTHB | At-A-Glance

AVAILABLE PROGRAMS Home Is Possible for First-Time Buyers
ELLIGIBLE AREA Entire state of Nevada
ELIGIBLE BORROWER(S) Borrower and non-purchasing spouse must be first-time buyers.
RATES See Chart
DPA AVAILABLE 0% Interest, 7-year forgivable second mortgage. Assistance calculated as 2% or 4% of the total Note Amount.
LOAN TYPE See Chart
INCOME LIMITS Income Limits
PURCHASE LIMITS Purchase Limits
TIMELINE REQUIREMENTS 70 days from reservation (in eHPortal) to loan purchase by US Bank.
HOMEBUYER EDUCATION Homebuyer Education
CO-SIGNORS FHA, USDA-RD, VA Loans - For purposes of the Program, cosigners are non-occupying loan guarantors only. They are not permitted to occupy the property and may not be on title (sign the Deed of Trust), purchase agreement or have any vested interest in the property. Cosigners are permitted per Agency (FHA, USDA-RD, VA) guidelines.
PROGRAM GUIDELINES Guidelines
PARTICIPATING LENDERS Participating Lenders

Sample Program #3

Nevada Housing Division,Home first dpa | At-A-Glance

AVAILABLE PROGRAMS Home First DPA
ELLIGIBLE AREA Entire state of Nevada
ELIGIBLE BORROWER(S) First-time homebuyer requirement in this program, At least one occupying borrower must be a 6-month resident of Nevada at time of reservation.
RATES SEE CHART
DPA AVAILABLE SEE CHART
LOAN TYPE SEE CHART
INCOME LIMITS INCOME LIMITS
PURCHASE LIMITS Purchase Limits
TIMELINE REQUIREMENTS 70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing.
HOMEBUYER EDUCATION HOMEBUYER EDUCATION
CO-SIGNORS Co-Signer and Non-Occupant Co-Borrowers are permitted by the program subject to the Lender following all applicable loan agency and US Bank guidelines.
PROGRAM GUIDELINES Guidelines
PARTICIPATING LENDERS Participating Lenders

Sample Program #4

Nevada Housing Division, Teacher | At-A-Glance

AVAILABLE PROGRAMS Home Is Possible for Teachers
ELLIGIBLE AREA Entire state of Nevada
ELIGIBLE BORROWER(S) No first-time buyer requirement. Nevada K-12 Public licensed full-time classroom teachers who meet the Home Is Possible income and purchase price limits.
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 (FHA, USDA-RD, VA and Freddie Mac) guidelines for maximum loan limits.
TIMELINE REQUIREMENTS 70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing.
HOMEBUYER EDUCATION Homebuyer Education
CO-SIGNORS Co-Signer and Non-Occupant Co-Borrowers are permitted by the program subject to the Lender following all applicable loan agency and US Bank guidelines.
PROGRAM GUIDELINES GUIDELINES

Sample Program #1

Nevada Housing Division, HIP | At-A-Glance

AVAILABLE PROGRAMS Home is Possible, Home Means Nevada
ELLIGIBLE AREA Entire state of Nevada
ELIGIBLE BORROWER(S) Home is Possible: No first-time buyer requirement // Home Means Nevada: Buyers must be first-time buyer and meet the six-month residency reguirement.
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 (FHA, USDA-RD, VA and Freddie Mac) guidelines for maximum loan limits.
TIMELINE REQUIREMENTS 70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing.
HOMEBUYER EDUCATION Homebuyer Education
CO-SIGNORS Co-Signer and Non-Occupant Co-Borrowers are permitted by the program subject to the Lender following all applicable loan agency and US Bank guidelines.
PROGRAM GUIDELINES Guidelines
Participating Lenders Participating Lenders

Sample Program #2

Nevada Housing Division, HIP FTHB | At-A-Glance

AVAILABLE PROGRAMS Home Is Possible for First-Time Buyers
ELLIGIBLE AREA Entire state of Nevada
ELIGIBLE BORROWER(S) Borrower and non-purchasing spouse must be first-time buyers.
RATES See Chart
DPA AVAILABLE 0% Interest, 7-year forgivable second mortgage. Assistance calculated as 2% or 4% of the total Note Amount.
LOAN TYPE See Chart
INCOME LIMITS Income Limits
PURCHASE LIMITS Purchase Limits
TIMELINE REQUIREMENTS 70 days from reservation (in eHPortal) to loan purchase by US Bank.
HOMEBUYER EDUCATION Homebuyer Education
CO-SIGNORS FHA, USDA-RD, VA Loans - For purposes of the Program, cosigners are non-occupying loan guarantors only. They are not permitted to occupy the property and may not be on title (sign the Deed of Trust), purchase agreement or have any vested interest in the property. Cosigners are permitted per Agency (FHA, USDA-RD, VA) guidelines.
PROGRAM GUIDELINES Guidelines
PARTICIPATING LENDERS Participating Lenders

Sample Program #3

Nevada Housing Division,Home first dpa | At-A-Glance

AVAILABLE PROGRAMS Home First DPA
ELLIGIBLE AREA Entire state of Nevada
ELIGIBLE BORROWER(S) First-time homebuyer requirement in this program, At least one occupying borrower must be a 6-month resident of Nevada at time of reservation.
RATES SEE CHART
DPA AVAILABLE SEE CHART
LOAN TYPE SEE CHART
INCOME LIMITS INCOME LIMITS
PURCHASE LIMITS Purchase Limits
TIMELINE REQUIREMENTS 70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing.
HOMEBUYER EDUCATION HOMEBUYER EDUCATION
CO-SIGNORS Co-Signer and Non-Occupant Co-Borrowers are permitted by the program subject to the Lender following all applicable loan agency and US Bank guidelines.
PROGRAM GUIDELINES Guidelines
PARTICIPATING LENDERS Participating Lenders

Sample Program #4

Nevada Housing Division, Teacher | At-A-Glance

AVAILABLE PROGRAMS Home Is Possible for Teachers
ELLIGIBLE AREA Entire state of Nevada
ELIGIBLE BORROWER(S) No first-time buyer requirement. Nevada K-12 Public licensed full-time classroom teachers who meet the Home Is Possible income and purchase price limits.
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 (FHA, USDA-RD, VA and Freddie Mac) guidelines for maximum loan limits.
TIMELINE REQUIREMENTS 70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing.
HOMEBUYER EDUCATION Homebuyer Education
CO-SIGNORS Co-Signer and Non-Occupant Co-Borrowers are permitted by the program subject to the Lender following all applicable loan agency and US Bank guidelines.
PROGRAM GUIDELINES GUIDELINES

Check Out Today’s Rates & Offerings

Florida | Rates & Offerings

Bond Program

Florida Housing – Bond Program


FHA, VA, USDA-RD and Fannie Mae HFA Preferred


  • First-time buyer requirement (borrower and spouse including NPS) no homeownership in the past 3 years
  • Must be principal residence
  • Maximum Income Limits
  • Maximum Purchase Price Limits
  • 60 calendar days from loan reservation to loan purchase
  • Household income calculation (borrower + spouse (including NPS) + everyone 18 years of age or older)
  • Assistance amount is $10,000 with non-amortizing, 30-year deferred FL Assist OR $10,000 with amortizing, 15-year amortizing FL HLP
  • Maximum DTI is 50% with FHA, RD AUS A/E
  • Maximum DTI is 50% with Fannie Mae HFA Preferred DU A/E
  • Maximum DTI is 45% with Manufactured Housing (FHA, USDA-RD, VA and Fannie Mae ONLY)
  • Minimum FICO 640 (Manufactured Housing 660)
  • Maximum DTI is 43% with manual underwrites (FHA and Fannie Mae ONLY)
  • Past 3 years signed federal income tax returns AND/OR tax transcripts for all borrowers and spouse (even NPS)
  • Eligible area: Entire state of Florida
Offering FICO DPA Lock Rate

FHA, USDA, VA

640 FL Assist $10k
or
FL HLP $10k 		7.000%

Fannie Mae (HFA Preferred), Freddie Mac (HFA Advantage)
<= 80% AMI or OVER 80% AMI

 640 7.750%
TBA Program Florida First

Florida Housing – TBA Program Florida First


Fannie Mae HFA Preferred and Freddie Mac HFA Advantage


  • First-time buyer requirement (borrower ONLY) no homeownership in the past 3 years
  • Must be principal residence
  • Maximum Income Limits
  • No Purchase price limits (Use Agency loan limits)
  • 60 calendar days from loan reservation to loan purchase
  • 1003 Credit qualifying income
  • Assistance amount is $10,000 with non-amortizing, 30-year deferred FL Assist OR $10,000 with amortizing, 15-year amortizing FL HLP
  • Maximum DTI is 50% with AUS A/E
  • Maximum DTI is 45% with Manufactured Housing
  • Minimum FICO 640 (Manufactured Housing 660)
  • Maximum DTI is 43% with manual underwrites
  • Eligible area: Entire state of Florida
Offering FICO DPA Lock Rate

Fannie Mae (HFA Preferred)
<= 80% AMI

 640 FL Assist $10k
or
FL HLP $10k 		8.000%

Freddie Mac (HFA Advantage)
<= 80% AMI

 7.625%

Fannie Mae (HFA Preferred)
OVER 80% AMI

 8.375%

Freddie Mac (HFA Advantage)
OVER 80% AMI

 8.125%
TBA Program Florida PLUS

Florida Housing – TBA Program Florida PLUS


Fannie Mae HFA Preferred PLUS and Freddie Mac HFA Advantage PLUS


  • First-time buyer requirement (borrower ONLY) no homeownership in the past 3 years
  • Must be principal residence
  • Maximum Income Limits
  • No Purchase price limits (Use Agency loan limits)
  • 60 calendar days from loan reservation to loan purchase
  • 1003 Credit qualifying income
  • Assistance offered as five-year forgivable second mortgage
  • Assistance amount is 3%, 4% or 5% of the total loan amount
  • Maximum DTI is 50% with AUS A/E
  • Maximum DTI is 45% with Manufactured Housing
  • Minimum FICO 640 (Manufactured Housing 660)
  • Maximum DTI is 43% with manual underwrites
  • Eligible area: Entire state of Florida
Offering FICO DPA Lock Rate

Fannie Mae (HFA Preferred)
<= 80% AMI

 640 3% 8.125%
4% 8.625%
5% n/a

Freddie Mac (HFA Advantage)
<= 80% AMI

 3% 7.625%
4% 8.500%
5% 9.125%

Fannie Mae (HFA Preferred)
OVER 80% AMI

 3% 8.375%
4% 9.000%
5% n/a

Freddie Mac (HFA Advantage)
OVER 80% AMI

 3% 8.250%
4% 8.875%
5% n/a
Hometown Heroes TBA

Florida Housing – Hometown Heroes TBA


FHA, VA, USDA-RD, Fannie Mae HFA Preferred and Freddie Mac HFA Advantage


  • First-time buyer requirement (borrower ONLY) no homeownership in the past 3 years
  • Borrower must be employed full-time by a Florida-based employer and work 35 or more hours per week* (only one borrower must satisfy this requirement)
  • *Veterans exempt from this requirement when providing a valid DD214
  • Must be principal residence
  • Maximum Income Limits
  • No Purchase price limits (Use Agency loan limits)
  • 60 calendar days from loan reservation to loan purchase
  • 1003 Credit qualifying income
  • Assistance offered as thirty-year deferred second mortgage (Never forgiven)
  • Assistance amount is 5% of the total loan amount (up to $35,000)
  • Maximum DTI is 50% with AUS A/E
  • Maximum DTI is 45% with Manufactured Housing
  • Minimum FICO 640 (Manufactured Housing 660)
  • Maximum DTI is 43% with manual underwrites
  • Eligible area: Entire state of Florida
Offering FICO DPA Lock Rate

FHA, USDA, VA

640 5%

(min $10k, max $35k) 		7.125%

Fannie Mae (HFA Preferred)
<= 80% AMI

 640 7.000%

Freddie Mac (HFA Advantage)
<= 80% AMI

 6.875%

Fannie Mae (HFA Preferred)
OVER 80% AMI

 7.375%

Freddie Mac (HFA Advantage)
OVER 80% AMI

 7.000%
Hometown Heroes Bond Program

Florida Housing – Hometown Heroes Bond Program


FHA, VA, USDA-RD and Fannie Mae HFA Preferred


  • First-time buyer requirement (borrower and spouse including NPS) no homeownership in the past 3 years
  • Borrower must be employed full-time by a Florida-based employer and work 35 or more hours per week* (only one borrower must satisfy this requirement)
  • *Veterans exempt from this requirement when providing a valid DD214
  • Must be principal residence
  • Maximum Income Limits
  • Maximum Purchase Price Limits
  • 60 calendar days from loan reservation to loan purchase
  • Household income calculation (borrower + spouse (including NPS) + everyone 18 years of age or older)
  • Assistance offered as thirty-year deferred second mortgage (Never forgiven)
  • Assistance amount is 5% of the total loan amount (up to $35,000)
  • Maximum DTI is 50% with AUS A/E
  • Maximum DTI is 45% with Manufactured Housing (FHA, USDA-RD, VA and Fannie Mae ONLY)
  • Minimum FICO 640 (Manufactured Housing 660)
  • Maximum DTI is 43% with manual underwrites (Not eligible with USDA-RD)
  • Past 3 years signed federal income tax returns AND/OR tax transcripts for all borrowers and spouse (even NPS)
  • Eligible area: Entire state of Florida
Offering - NOT AVAILABLE FICO DPA Lock Rate
n/a