The MPF Program provides free, on-demand learning resources for our members. Some MPF webinars are recorded and made available on-demand. While we try to post only the most recent offerings, some of the information in these presentations may have changed since recording. Always consult the MPF Guides for the most current information about MPF products and procedures.
Affordable Lending Options under the MPF Xtra® Product
Did you know that the MPF Xtra® product has a number of low down payment options available? In this webinar, we’ll walk through the differences between Fannie Mae’s standard 97% option and the HomeReady® product. Other topics include information about the use of Community Seconds®, when homebuyer education is and is not required and how household income can sometimes impact eligibility. Homeownership may be within reach for your borrowers through one of these options. Learn how to easily identify which option may be the best fit and what unique requirements may impact the loan approval process.
Who should attend?
This presentation is recommended for:
- Loan Originators
- Post-closing staff