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