metroDPA (with TMS) Program Highlights

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

AVAILABLE PROGRAMS	metroDPA Denver Advantage
ELIGIBLE AREA	City and County of Denver Only
ELIGIBLE BORROWER(S)	No first-time buyer requirement. Buyers must qualify for the Denver Advantage Program, details may be found on the metroDPA website.
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 Certified 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 Denver Advantage Program Guidelines - TMS Servicer
PARTICIPATING LENDERS	Participating Lender List

Today’s Rates & Offerings

[ Business Days 8:00am - 6:00pm MT ]
metroDPA TMS GOVERNMENT
Offering	FICO	DPA	Lock Rate
FHA, USDA, VA	620	0%	6.000%
FHA, USDA, VA	620	3%	6.750%
metroDPA TMS GOVERNMENT - EDGE 2%
Offering	FICO	DPA	Lock Rate
FHA, USDA, VA	620	0%	5.625%
FHA, USDA, VA	620	3%	6.250%
metroDPA TMS CONVENTIONAL
Offering	FICO	DPA	Lock Rate
Fannie Mae OR Freddie Mac <= 80% AMI	620	0%	6.500%
Fannie Mae OR Freddie Mac <= 80% AMI		3%	7.250%
Fannie Mae OR Freddie Mac OVER 80% AMI		0%	6.625%
Fannie Mae OR Freddie Mac OVER 80% AMI		2%	7.125%
metroDPA TMS CONVENTIONAL - EDGE 2%
Offering	FICO	DPA	Lock Rate
Fannie Mae OR Freddie Mac <= 80% AMI	620	0%	6.000%
Fannie Mae OR Freddie Mac <= 80% AMI		3%	6.625%
Fannie Mae OR Freddie Mac OVER 80% AMI		0%	6.125%
Fannie Mae OR Freddie Mac OVER 80% AMI		2%	6.625%

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

AVAILABLE PROGRAMS	metroDPA Denver Advantage
ELIGIBLE AREA	City and County of Denver Only
ELIGIBLE BORROWER(S)	No first-time buyer requirement. Buyers must qualify for the Denver Advantage Program, details may be found on the metroDPA website.
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 Certified 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 Denver Advantage Program Guidelines - TMS Servicer
PARTICIPATING LENDERS	Participating Lender List