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How to fill out the APPLICATION FOR LENDER PARTICIPATION IN THE SINGLE FAMILY MORTGAGE REVENUE BOND PROGRAM online
Filling out the Application for Lender Participation in the Single Family Mortgage Revenue Bond Program is an important step for lenders wishing to participate in this financing program. This guide provides clear instructions on how to complete the form accurately and effectively online.
Follow the steps to successfully complete your application.
- Click ‘Get Form’ button to download the application and open it with your preferred online editor.
- Begin with Part 1 – Proposal Information. Provide details such as the purpose of the application and the required lender qualifications, ensuring you meet the criteria set by the Housing Opportunities Commission.
- Complete the Contract Administrator section by filling in the contact details of the administrator, including their email, phone, and fax number.
- In Part II – Lender’s Minimum Qualifications, confirm that your institution meets all the lending criteria, including the ability to fund loans in your company's name.
- Address the Selection Criteria in Part IV by clearly stating your experience, commitment to low-income lending, and any accommodations for non-English speakers or individuals with disabilities.
- Review all fees in Part IV and provide a complete list of your company’s fees as requested in the Lender Information Form.
- Finally, double-check all filled information for accuracy and completeness. Save your changes, download the application, print, or share it as needed.
Complete your application online today to participate in the Mortgage Purchase Program.
Lenders use the Uniform Residential Loan Application or Form 1003 to evaluate and determine your creditworthiness when applying for a home loan. This form is designed to help lenders make more informed decisions when extending mortgages to borrowers.
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