​​ CHFA eNews: Home Finance
chfa enews - home finance 
August 27, 2014

chfa is proud to announce additional mortgage insurance options with chfa preferred/plus programs

Effective immediately, National MI and Radian are now eligible mortgage insurance options with the CHFA Preferred and Preferred Plus programs. They are exciting new additions and we look forward to the partnership.

As a reminder, CHFA does not allow delegated mortgage insurance (MI) underwriting. All CHFA Preferred and Preferred Plus files must be underwritten for the MI by the insuring company. However, CHFA does allow the additional contract credit underwrite by the mortgage insurance company. Please reach out to your insurance provider for details.

chfa home finance – identifying chfa as the secondary financing source in fha connection

CHFA would like to provide our Lenders with clarification about how to identify CHFA as the secondary financing source in FHA Connection. FHA deems CHFA to be a governmental type mortgagee and therefore, Lenders need to select ‘Government’ from the Source of Funds drop down memo in the Secondary Financing Section in FHA Connection. In addition, Lenders need to identify CHFA by our HUD Lender ID which is ‘05366’ and not our EIN.

Please contact Home Finance with any questions.

303.297.7376 or 1.888.320.3688 Denver
970.241.2341 or 1.800.877.8450 Western Slope

Thank you,
CHFA Home Finance


chfa 

Privacy Policy.

colorado housing and finance authority | 1981 Blake St | Denver | CO | 80202