SS Multifamily Memo 16-01

Date: March 15, 2016

MULTI-FAMILY GUIDE REVISIONS: CONTACT MULTI-FAMILY

Multi-Family Loan Purchase Program
Eric Havelock, Lending Officer II

Buydown Fees
(Section 1002.02.M.5 and Section 1002.04.C - Federally Insured Loan Program)

AHFC has reviewed the fees associated with a buydown of an AHFC rate. To accurately reflect the cost of the buydown to the corporation, AHFC has established the updated pricing below.

The new pricing goes into effect with lock-ins submitted to AHFC on or after March 15, 2016. A buydown associated with a lock-in or commitment issued prior to March 15, 2016, will be honored at the previous pricing. However, all other business (e.g., an adjustment to a buydown on a commitment issued prior to the effective date of the new pricing or a buydown associated with a pre-purchase or post-purchase quality review) is subject to the new pricing.

Buydown

15 Year

30 Year

0.125

0.500

0.625

0.250

1.125

1.250

0.375

1.625

1.875

0.500

2.250

2.500

0.625

2.875

3.250

0.750

3.500

4.000

0.875

4.250

4.750

1.000

4.875

5.375

FORM/GUIDE REVISIONS: CONTACT MULTI-FAMILY
(Only available in PDF - Adobe Acrobat or Adobe Reader is required to read/print PDF files.)

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