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Get Fhfa Form 060 Fillable
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How to fill out the Fhfa Form 060 Fillable online
Filling out the Fhfa Form 060 Fillable is an important step for institutions to demonstrate their commitment to community support, particularly for first-time homebuyers. This guide provides comprehensive, step-by-step instructions to help users navigate the form with ease, ensuring accurate completion online.
Follow the steps to complete the form effectively.
- Click the ‘Get Form’ button to access the form and open it in your preferred online editor.
- In the first section, enter the name of your institution along with the address, city, state, and zip code. Also, include the FHFA ID number, contact person's name, phone number, title, and email or fax number as required.
- Move to Part I of the form, which covers the Community Reinvestment Act (CRA) Standard. Select your institution's most recent federal CRA rating and provide the CRA evaluation date.
- In Part II, which addresses the First-time Homebuyer Standard, choose either Section A or B based on your institution's CRA rating. If your rating is ‘Outstanding,’ you may skip this part.
- If completing Section A, answer the four questions regarding mortgage loans made to first-time homebuyers. This includes the number of loans, dollar amounts, and relevant percentages.
- If you select Section B instead, check all applicable options that demonstrate your institution participates in programs assisting first-time homebuyers.
- Finally, in Part III, have an appropriate senior official sign and certify the accuracy of the information provided in the form.
- Once you have completed the form, you can save any changes made, download a copy, print the form, or share it as needed.
Complete your Fhfa Form 060 Fillable online today for effective community support.
Because Fannie Mae doesn't originate loans, you can't get your mortgage directly from Fannie. Banks and non-bank lenders like Rocket Mortgage® are responsible for collecting a client's application, underwriting the loan – by verifying income, assets and property value – and getting them to the closing table.
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