by Homeownership Division | Dec 12, 2024 | Lender, Program Announcement | 
Dear Lending Partners, Many lenders have been requesting rate buydowns late in the process resulting in hedging challenges for the Commission. Due to the expensive costs of pooling buydown loans with interest rate buydowns, we will be amending our current buydown...				
					
			
					
				
															
					
					 by Homeownership Division | Dec 3, 2024 | Lender, Program Announcement | 
Click the link below to register now! Please join us to learn more about the unique and cutting edge Covenant Homeownership Down Payment Assistance Program! Lisa DeBrock, Director of WSHFC, will provide an overview of the program, and intervew Friend of Housing...				
					
			
					
				
															
					
					 by Homeownership Division | Nov 22, 2024 | Lender, Program Announcement | 
Dear Lending Partners, Many lenders have been requesting rate buydowns late in the process resulting in hedging challenges for the Commission. Due to the expensive costs of pooling buydown loans with interest rate buydowns, we will be amending our current buydown...				
					
			
					
				
															
					
					 by Homeownership Division | Nov 18, 2024 | Lender, Program Announcement | 
Dear Lending Partners, To help you gather Covenant eligibility documents from your potential homebuyers we have put together a Covenant Eligibility Document checklist for loan originators to utilize. The checklist can be found on our website here. Please note:...				
					
			
					
				
															
					
					 by Homeownership Division | Nov 15, 2024 | Lender, Program Announcement | 
Dear Lending Partners, As of 2:00 pm PST, Friday, November 22nd through 8:00 am PST, Monday, November 25th, our internet network system will experience downtime due to moving IT equipment to another floor. What does this mean to me: 1) The Lender Online System will...				
					
			
					
				
															
					
					 by Homeownership Division | Oct 22, 2024 | Lender, Program Announcement | 
Dear Lending Partners, Just a friendly reminder regarding permanent rate buydown requests. Permanent buydown requests must be made and a permanent buydown selected no later than 2 business days from the date of reservation. The buydown selection must be made no later...