chfa home finance enews

Lender Basics (Loan Officers) In-person class, Denver • January 7 • 10:00am Learn about CHFA programs in this two hour class. Strongly recommended for loan officers. To register, please contact Elfriede Leicht. CHFA Refresher (Loan Officers) Live webinar

Among the provisions of the Taxpayer First Act (the "Act"), signed into law on July 1, 2019, is the requirement for taxpayers to provide their permission, prior to the sharing or redisclosure of their tax return information. Such component of the Act goes

CHFA is experiencing very high volume and we are reviewing files as quickly as possible. All required documents must be accepted by the Document Delivery System in HomeConnectionsm prior to a file checking in for review. It takes time for documents to

CHFA invites you to join MGIC as they present the third webinar in a four-part webinar series: Instagram and Twitter: Harness the Fastest Growing and Moving Networks. Instagram has become the fastest growing social media platform, only second to

It’s back to business! CHFA is aware that lenders have experienced issues with the document delivery system within HomeConnectionsm. These issues have been resolved and we have appreciated your patience. Please contact us should you continue to

CHFA is aware that lenders are experiencing issues utilizing the document delivery system within HomeConnectionsm. CHFA is actively working on a resolution and appreciates your patience as we resolve this issue. CHFA will communicate when the system has

webinar: instagram and twitter: harness the fastest growing and moving networks CHFA invites you to join MGIC as they present the third webinar in a four-part webinar series: Instagram and Twitter: Harness the Fastest Growing and Moving Networks. Instag

It’s extremely important to refer all borrowers to a CHFA-approved homebuyer education provider early in the process, especially during the holiday season. After December 21, 2019, there will be no in-person classes until the New Year. Additionally, the

In honor of Veterans Day, CHFA's offices will be closed on Monday, November 11, 2019. New loan locks will NOT be accepted, loan files will not be reviewed, and loans will not be purchased. CHFA’s Document Delivery and HomeConnectionsm systems will remain

As the new calendar year approaches, please ensure that your company is complying with CHFA’s requirements for payment of property taxes. These requirements are as follows: • For any purchase or refinance loan closed in 2019 and purchased by CHFA on or a

CHFA invites you to attend a one-hour webinar conducted by Essent MI where they will cover the results of their most recent millennial study. Essent MI aims to help you understand millennials’ knowledge of the homebuying process and how you can help educa

Working with a CHFA homeowner to refinance their loan and need a payoff? Please do not use DMI’s automated customer service number. Rather, follow these instructions to make a payoff request. Include the following information in writing by email to CHFA

CHFA invites you to join MGIC as they present the second webinar in a four-part webinar series: Facebook – Rethink What You Know. Most everyone does their research these days, starting with an online search or asking their family and friends for informa

upcoming trainings Lender Basics (Loan Officers) In-person class, Denver • November 5 • 10:00am Learn about CHFA programs in this two hour class. Strongly recommended for loan officers. To register, please contact Jacob Lammert. Lender Basics (Loan Office

CHFA invites you to attend a one-hour webinar conducted by Essent MI where they will cover the results of their most recent millennial study. Essent MI aims to help you understand millennials’ knowledge of the homebuying process and how you can help educa

Given recent income limit changes, we’ve received numerous inquiries on how to either read the new all-in-one income chart or how to calculate income. Let’s clear up those questions! The income you see on the chart, is the income limit for the program. N

CHFA Home Finance redesigned our “Contact Us” page to help you get in touch with the right team or person. The page provides emails and/or phone numbers for: • General questions • Homebuyer education questions • Your designated Business Development Speci

Join CHFA and MGIC for the second webinar in our four-part webinar series: Facebook – Rethink What You Know. Facebook started out as a network for college students and has grown into more than two billion users globally. Everyone does their research thes

reminder: doing more conventional business with chfa and freddie mac® This event will be held in Grand Junction. When: October 10, 2019 11:30am to 1:30pm Lunch is provided. Click here to register. Where: CHFA - Western Slope Office Community Roo

CHFA Refinance Programs, Guidelines and Subordination (Loan Officers and Processors) Live webinar • October 2 • 9:30am Covers the refinance types available to existing CHFA borrowers and non- CHFA borrowers; plus a thorough explanation of CHFA’s subordina

You Have a Dedicated Business Development Specialist CHFA has a team of Business Development Specialists whose job is to market, train and conduct all business development efforts for CHFA’s mortgage loan programs. CHFA is pleased to welcome Kristi Lacroi

The refinance business is booming and CHFA is seeing an uptick in utilization of our refinance mortgage loan programs. Please note: • CHFA Second Mortgage Loans can only be subordinated when using the CHFA FHA Streamline or CHFA Preferredsm Refinance Pr

CHFA always strives to better understand the needs of its customers and partners. Please take a moment to help us by responding to a brief survey about CHFA’s customer service, products, and processes. The survey will remain open until September 20, 2019.

This event will be held in Grand Junction. When: October 10, 2019 11:30am to 1:30pm Lunch is provided. Click here to register. Where: CHFA - Western Slope Office Community Room 348 Main Street Grand Junction, CO 81501 • Learn how to pair down pay

Beginning September 20, 2019, new data fields will be required when locking a new CHFA loan or editing an existing loan. CHFA will require the following information when applicable: • Monthly Gross Qualifying Income • Total Occupying Property • Width o

CHFA always strives to better understand the needs of its customers and partners. Please take a moment to help us by responding to a brief survey about CHFA’s customer service, products, and processes. The survey will remain open until September 20, 2019.

CHFA continues to receive numerous calls about our refinance program options. To better help our participating lenders, CHFA is offering a webinar to address your questions. Join us to learn about CHFA’s refinance program options available to existing C

As you may be aware and pursuant to HUD Mortgagee Letter 2019-12 dated August 13, 2019, HUD rescinded Mortgagee Letter 19-06, Downpayment Assistance and Operating in a Governmental Capacity (ML 19-06). In light of this on or after August 29, 2019, CHFA's

3.2 billion people are using social media every day – are you connecting with your potential customers and referral partners where they expect you to be? Harness the power of social media to make those connections happen faster and stronger, all while sta

Lender Basics (Loan Officers) In-person class, Denver • September 10 • 10:00am Learn about CHFA programs in this two hour class. Strongly recommended for loan officers. To register, please contact Shelley Ervin. CHFA Refresher (Loan Officers) L

CHFA is pleased to announce the publication of a revised and updated CHFA Seller’s Guide. This version is a comprehensive update of the guide and incorporates all CHFA program and process changes previously announced via CHFA eNews announcements, webinars

The following changes are effective only for conventional locks made as of today, August 19, 2019: • CHFA Advantagesm is no longer available. • Income limits are capped as follows: • CHFA Preferredsm and CHFA Preferred Plussm at 80% Area Median Income (

3.2 billion people are using social media every day – are you connecting with your potential customers and referral partners where they expect you to be? Harness the power of social media to make those connections happen faster and stronger, all while sta

there's only one housing forum colorado this year - don't miss out! CHFA and non-CHFA lenders, along with industry and real estate professionals are welcome to attend! Join us on Thursday, September 5 for a full day of innovation, information, and conve

Please be aware that the following changes go into effect only for conventional locks made on or after August 19, 2019: • CHFA Advantagesm is no longer available. • Income limits are capped as follows: • CHFA Preferredsm and CHFA Preferred Plussm at 80%

All lenders, loan officers, and real estate professionals are welcome to attend! • You do not need to be a CHFA Participating Lender to register. Join us in Denver, on Thursday, September 5 to hear updates from FHA, VA, RD, Fannie Mae, and Freddie Mac ab

The following changes will be effective only for conventional locks made on or after August 19, 2019: • CHFA Advantagesm will no longer be available. • Income limits will be capped as follows: • CHFA Preferredsm and CHFA Preferred Plussm 80% Area Median

Lender Basics (Loan Officers) In-person class, Denver • August 7 • 10:00am Learn about CHFA programs in this two hour class. Strongly recommended for loan officers. To register, please contact Elfriede Leicht. Lender Basics (Loan Officers) Live webinar •

don’t delay, there is only one housing forum colorado this year! Register for Housing Forum Colorado - Denver - September 5, 2019 Registration is now open for Housing Forum Colorado! To celebrate Housing Forum Colorado’s Tenth Anniversary, we will be ce

It’s business as usual at Colorado Housing and Finance Authority (CHFA). As required by HUD’s Mortgagee Letter 19-06 (ML 19-06) dated April 18, 2019, which concerns down payment assistance and operating in a governmental capacity, CHFA confirms that we op

register today for next week's event! When: July 18, 2019 11:30am to 1:30pm Lunch is provided. Click here to register. Where: CHFA Grand Lake Community Room 1981 Blake Street Denver, CO 80202 • Learn how to pair down payment assistance with Fredd

When: July 18, 2019 11:30am to 1:30pm Lunch is provided. Click here to register. Where: CHFA Grand Lake Community Room 1981 Blake Street Denver, CO 80202 Learn how to pair down payment assistance with Freddie Mac Home Possible Advantage® for HFAs f

CHFA is partnering with Essent MI to offer a one-hour webinar in which Essent will share insights from their 2018 study into homebuyer motivations and deciding factors in choosing lenders, real estate agents, and homes—and what it means for you.

Essent MI Presents 2018 First-time Homebuyer Study Results Live Webinar • July 9 • 10:00am Get i ns i ght i nto homebuyer moti va ti ons a nd deci di ng fa ctors i n choos i ng l enders , rea l es ta te a gents a nd homes — a nd what it means for you.

In September of 2018, House Bill 18-1128 concerning consumer data privacy protection was put into effect. Its passage has, among other things, impacted Colorado’s data breach notification requirements and data security requirements. In light of this and

When: July 18, 2019 11:30am to 1:30pm Lunch is provided. Register today! Where: CHFA Grand Lake Community Room 1981 Blake Street Denver, CO 80202 Learn how to pair down payment assistance with Freddie Mac Home Possible Advantage® for HFAs for a

CHFA is partnering with Essent MI to offer a one-hour webinar in which Essent will share insights from their 2018 study into homebuyer motivations and deciding factors in choosing lenders, real estate agents, and homes—and what it means for you.

Registration is now open for Housing Forum Colorado! Ten years ago, Housing Forum Colorado was created to provide an opportunity for lenders, housing counselors, and real estate professionals to learn about the latest information on federal, state, and

Effective immediately, CHFA has updated income limits for its single family mortgage programs. In addition, CHFA has updated its purchase price limits for the CHFA FirstStepsm and CHFA HomeAccesssm programs; these are the only programs with purchase price

CHFA is experiencing very high volume and is reviewing files as quickly as possible. Please read the tips below to help ensure you will have an efficient file review. Tip #1: Bulk uploads will increse the processing time in HomeConnection; just