by Russel | May 19, 2026 | Lender, Program Announcement
May 19, 2026 Dear Lending Partners: To provide further clarification and enhanced the first-time homebuyer definition for single-parent, we have added additional verbiage to first-time homebuyer in the Covenant DPA program manual. A single-parent who has only owned a... by Russel | Apr 23, 2026 | Lender, Program Announcement
April 23, 2026 Dear Lending Partners: New loan reservation system: As of Monday, April 20 all new loan reservations must be made in the new system. Invites to access the new system were sent out over the weekend and yesterday evening. The email invite came from... by Russel | Apr 17, 2026 | Lender, Program Announcement
April 17, 2026 Dear Lending Partners: Please read in its entirety. Please make sure you have followed Commission policy for homebuyer education and fully executed contract prior to reservation of funds. Covenant funds reserved on or before April 17 not according to... by Russel | Apr 13, 2026 | Lender, Program Announcement
April 13, 2026 Important: Read This Entire Message! Dear Partners, Due to the tremendous success of the Covenant program, starting April 20, a pre-reservation process will be required for all borrowers using the program. Please read all the details below and see the... by Russel | Apr 7, 2026 | Lender, Program Announcement
April 7, 2026 Dear Lending Partners, The House Key Opportunity First Mortgage Program rates are changing. The new rates below will apply to reservations made on and after April 8, 2026 at 9:00 am PT: 6.125% – 1 point origination for FHA, VA and USDA loans.... by Russel | Apr 7, 2026 | Lender, Program Announcement
April 7, 2026 Dear Partners, Wednesday, April 8, a majority of homeownership staff will be attending an all day training event. All responses may be delayed including file review, document review, reservation lock inquiries and rate buydown requests. What does...