November 5, 2021| Bulletin #21-11
GSFA OpenDoors Program Updates
and Enhancements
GSFA is pleased to announce enhanced pricing and down payment assistance (DPA) options with Conventional Loan financing through the GSFA OpenDoors Program for borrowers above 80% of Area Median Income (AMI), effective November 15, 2021.

The improved pricing and DPA options on GSFA OpenDoors Conventional Loans will be reflected on the rate sheet November 15, 2021.

Also effective November 15, 2021, condominiums will no longer be allowed with Conventional Loan financing through the GSFA OpenDoors Program for borrowers with income above 80% AMI. Program term sheets will be updated shortly to reflect this change.

Additional Resources

For questions or additional assistance regarding this bulletin, please email info@gsfahome.org.

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Program 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.

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