|
OHFA Advantage Bond Messages
What's New:
2010
Network down for Upgrades.
US Bank Update regarding
USDA Loan Purchases.
$8,000.00
Tax Credit
Effective 02/17/09, the Tax Credit equal to 10% of the purchase
price up to a
maximum of $8,000.00 can be utilized with the
OHFA
Advantage MRB Program. This is a First Time Homebuyer
Tax Credit only.
HOLIDAY CLOSINGS
The OHFA Offices will be closed in observation of the following holidays:
Labor Day - Monday, September 6, 2010
Second Liens are NOT allowed on OHFA
Advantage
Program
The Only additional filings that are allowed are the following:
1.) OHFA
down payment assistance deed restriction on the
OHFA 1st Gold
program funds.
If a borrower is receiving any other
assistance funds that require a
lien to be filed, it is NOT allowed on the OHFA
Advantage Program.
New or Same Property/Same
Borrower
If you have any loans that have cancelled, been busted or are on
any
other
OHFA Advantage Bond Program Wait Lists that you want
to reserve on a NEW Bond Issue, please fax a 'Loan
Preparation'
request to Bond at (405) 842-8758 or (405) 879-6364.
Otherwise you WILL NOT be able to reserve the same borrower on
the
new bond program.
Reminders:
Fax the following documents within 5 days of closing
to (405) 842-8758
HUD I Settlement Statements
Deed Restrictions
Page updated on August 27, 2010 |
