Overview: Are you new to Iowa Finance Authority (IFA) or looking for a refresher? Join us as we partner with Lindsay Russell, Business Development Specialist at Iowa Finance Authority, and dive into IFA loan products and down payment assistance programs available to your low- or moderate-income borrowers. We will also discuss the Military Home Ownership Assistance (MHOA) grant available to qualified Veterans. We will demonstrate the IFA eligibility checker and show loan officers where they can list themselves as an approved lender on IFA’s website. Lastly, we will review the IBMC website to illustrate how to register IFA loans, review scenario pricing, and show you where you can obtain helpful guides to assist you with your IFA loans.
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.