Lender Resources
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Lender Resources

  1. Internet Loan Reservation System (ILRS)
  2. Lender Policy and Procedures "Seller's Guide"
  3. Forms and Checklists
  4. Site Evaluator
  5. Application to Become an NJHMFA Lender
  6. Lender Training Videos
  7. Lender Bulletin Archive

  1. Internet Loan Reservation System (ILRS)


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  2. Lender Policy and Procedures "Seller's Guide"

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  3. Forms and Checklists

    HMFA Mortgage Schedule

    General Forms and Documents

    Truth-in-Lending Statements

    The new Initial and Final Truth-In-Lending (TIL) statements will be required when disclosing any DPA loan originated on or after June 1, 2019. These TILs will replace the current Loan Estimate (LE) and Closing Disclosure (CD) documents. The LE/CD will not be acceptable forms of DPA disclosure on the loans originated after the above referenced date.

    DPA Loans Originated Prior to June 1, 2019: If you have begun the transaction by issuing an Initial LE you must continue to use the LE/CD documents throughout the lending and closing process. These documents will continue to be available on the Lender’s Resource page.

    First Time Home Buyer Program Documents

    Homeward Bound Program Documents

    New Jersey HomeSeeker Program Documents


    The new Initial and Final Truth-In-Lending (TIL) statements will be required when disclosing any DPA loan originated on or after June 1, 2019. These TILs will replace the current Loan Estimate (LE) and Closing Disclosure (CD) documents. The LE/CD will not be acceptable forms of DPA disclosure on the loans originated after the above referenced date.

    Smart Start Program Documents

    The new Initial and Final Truth-In-Lending (TIL) statements will be required when disclosing any DPA loan originated on or after June 1, 2019. These TILs will replace the current Loan Estimate (LE) and Closing Disclosure (CD) documents. The LE/CD will not be acceptable forms of DPA disclosure on the loans originated after the above referenced date.

     

    Police & Firemen's Retirement System Loan Program Documents

    NJHMFA Lenders: New Process for Registering Homeward Bound Loans w/ DPA Webinar Recorded June 8, 2017


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  4. Site Evaluator


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  5. Application to Become an NJHMFA Lender


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  6. Lender Training Videos

     

     

     


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  7. Lender Bulletin Archive

    2019 Bulletins
    July 16, 2019 Bulletin #2019-9: HUD Mortgagee Letter 19-06 DPA FHA-Insured First Mortgages with Down Payment Assistance
    June 19, 2019 Bulletin #2019-8: Registration Policy Reminder- Police and Fireman's Retirement System Mortgage Program (PFRS)
    May 31, 2019 Bulletin #2019-7: Reminder: New DPA Disclosure Process Takes Effect
    May 31, 2019 Bulletin #2019-6: Updated Income and Purchase Limits
    April 18, 2019 Bulletin #2019-5: New Lender Fee Guideline
    April 17, 2019 Bulletin #2019-4: New DPA Disclosure Process
    March 15, 2019 Bulletin #2019-3: Introducing our New Business Development Manager
    February 1, 2019 UPDATED Bulletin #2019-1: Renegotiation and Extension (R&E) Process
    January 17, 2019 Bulletin #2019-2: Updates to the Policy and Procedures For Participating Lenders (Seller’s Guide)
    January 17, 2019  Bulletin #2019-1: Renegotiation and Extension (R&E) Process
    2018 Bulletins
    December 21, 2018 Bulletin #2018-15: Mortgage Purchase Agreement
    December 7, 2018 Bulletin #2018-14: ILRS and MITAS Updates Complete
    December 4, 2018 Bulletin #2018-13: ILRS and MITAS Offline Dates
    November 1, 2018 Bulletin #2018-12: Fillable Documents Now Available Online
    October 2, 2018 Bulletin #2018-11: Down Payment Assistance Program Funding Update 
    September 6, 2018 Bulletin #2018-10: Reservation Confirmation Form Update
    August 31, 2018 Bulletin #2018-9: "No Survey" Survey Endorsement
    July 26, 2018 Bulletin #2018-8: NJHMFA First-Time Homebuyer Program Reminders
    July 18, 2018 Bulletin #2018-7: NJHMFA/Principal Curtailments
    June 27, 2018 Bulletin #2018-6: NJHMFA Approved Digital Signature Platform
    June 27, 2018 Bulletin #2018-5: NJHMFA Pre-Closing Loan Review Timelines
    June 22, 2018 Bulletin #2018-4: Post-Closing Checklists and Lender Process Step Reminders
    June 5, 2018 Bulletin #2018-3A: NJHMFA First Time Homebuyer Program
    June 5, 2018 Bulletin #2018-2A: Revised Lender Guidelines for the NJHMFA Down Payment Assistance Program (DPA)
    May 25, 2018 Bulletin #2018-3: NJHMFA First-Time Homebuyer Program
    May 25, 2018 Bulletin #2018-2: Revised Lender Guidelines for the NJHMFA Down Payment Assistance Program (DPA)
    April 2, 2018 Bulletin #2018-1: HomeSeeker Re-Opens
    2017 Bulletins
    Dec. 20, 2017

    Bulletin #2017-20: Good-bye Letters

    Oct. 18, 2017

    Bulletin #2017-19: Clearing Conditions for Loan Purchase

    Sept. 27, 2017

    Bulletin #2017-18: Non-Borrowing Spouse Signature, PUD Homeowners Insurance

    Aug. 31, 2017

    Bulletin #2017-17: Homeward Bound Purchase Review Submission Checklist

    Aug. 29, 2017

    Bulletin #2017-16: Temporary Suspension of the HomeSeeker Program 

    Aug. 23, 2017

    Bulletin #2017-15: Non-Borrowing Spouse, Cash Back Limitations, Loan Registration

    Aug. 16, 2017

    Bulletin #2017-14: Lender Resources Page Reminder 

    Aug. 2, 2017

    Bulletin #2017-13: HomeSeeker Closed Loan Submission Checklist

    July 18, 2017

    Bulletin #2017-12: Homeward Bound, HomeSeeker, Smart Start

    June 28, 2017

    Bulletin #2017-11: Recording and Closing Policy Reminders

    June 16, 2017

    Bulletin #2017-10: Registering Homeward Bound Loans with DPA

    May 25, 2017

    Bulletin #2017-9: Revised HomeSeeker Lender Guidelines 

    May 16, 2017 

    Bulletin #2017-8: Update to Recording Mortgage Documents

    May 9, 2017

    Bulletin #2017-7: LE, CD Forms for HomeSeeker, Smart Start Programs 

    May 5, 2017

    Bulletin #2017-6: Power of Attorney Requests 

    May 2, 2017

    Bulletin #2017-5: Recording Mortgage Documents 

    April 21, 2017

    Bulletin #2017-4: New Income Limits to Boost HomeSeeker Program

    April 3, 2017

    Bulletin #2017-3: HomeSeeker Program Now Accepting Loan Reservations

    March 28, 2017

    Bulletin #2017-2: Quality Control Release Form (17k PDF)
    Attachment 1: Quality Control Release Form (41k PDF)

    February 7, 2017 Bulletin #2017-1: New Police and Firemen's Retirement System Mortgage Program (PFRS) Interest Rate (34k PDF)

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