Event Description:
Overview: Are you looking to expand your loan product offerings and serve more Iowa homebuyers? By the end of this extensive 2-hour webinar, you will be able to confidently identify program and borrower eligibility guidelines for core IFA programs including FirstHome and Homes for Iowans. You will also understand all available down payment and closing cost assistance options available to your borrower(s) including non-repayable grant money and the second mortgage loan structure. Class participants will also understand how to execute the steps for submitting an IFA loan to IBMC through the designated Heritage loan channel. This webinar will enable you to broaden your loan product offerings and win more loans- register now to turn potential buyers into homeowners with the power of IFA!
In this live training webinar, we will cover:
- IFA FirstHome Program
- Eligible loan products
- Eligible down payment assistance options
- IFA Homes for Iowans Program
- Eligible loan products
- Eligible down payment assistance option
- Military Home Ownership Assistance (MHOA) Grant
- Website Review
- IFA Website- eligibility checker and approved lender list
- MyIBMCHQ Registration process
- MyIBMCHQ Scenario pricing and rate sheet review
- IFA Flowchart guide and other product matrices
Who Should Attend: Loan Officers who are new to IFA or need a refresher.