NIFA is pleased to announce changes to our loan program eligibility and documentation requirements. These changes were discussed during our Lender Workshops last week.
All of the changes included in this Program Update are effective for loan reservations processed in Lender Online ("LOL") dated on and after April 1, 2021.
Attached you will find an Outline of Program Changes. This is a comprehensive list of all changes and we hope it is helpful to Lenders as we work through this transition.
Our Homeownership Team is available to answer any questions.