May 25, 2018 | Bulletin #18-10

Central Valley Lenders: Join us for Training May 29-31

Our interactive training session will teach you the ins and outs of the GSFA Platinum® Program and its various down payment assistance options, as well as the GSFA MCC® Program, which features a 20% Mortgage Credit Certificate for eligible borrowers.

Reserve Your Seat Attend to: Debunk down payment assistance myths. Learn how to optimize purchasing power with homebuyer assistance. Attain program guidelines and support resources. Walk through the origination/application processes with ease. For more information about these and other trainings available, visit the GSFA website at www.gsfahome.org .

Clarification Regarding Income Limits

As clarification, the income limits for GSFA Platinum loan transactions are as follows: For FHA, VA and Conventional Loans, follow GSFA Platinum Income Limits published online at http://www.gsfahome.org/programs/dpa/limits.aspx. For USDA loans, follow the stricter of either GSFA Platinum Income Limits published online at http://www.gsfahome.org/programs/dpa/limits.aspx or loan agency guidelines. The Program Term Sheet - FHA, VA, USDA Loans - (US Bank)   has been updat ed to reflect this clarification.

© 2018 Golden State Finance Authority. All rights reserved. Lender Bulletins are intended for mortgage professionals only. This is not an offer for extension of credit nor a commitment to lend and is subject to change without notice. Complete program guidelines, loan applications, interest rates and annual percentage rates (APRs) are available through GSFA Participating Lenders. Stay Connected ‌ ‌

CONTACT US Call us toll-free (855) 740-8422 Visit us at www.gsfahome.org Send us an email