Seller/Servicer Memorandum 19-02

Date:  April 19, 2019

SELLING GUIDE REVISIONS: CONTACT UNDERWRITING
(Anchorage Only: 907-330-8400/ Outside Anchorage: 888-854-3884)

The PUR-86 has been updated to accommodate the recent guide change to allow all usual and customary closing costs, excluding buydowns.

Homebuyer Education

(Section 1004.08.A, Section 1004.08.B, 1005.09.C)

Borrowers who have completed an AHFC HomeChoice^TM Class, HomeStudy, or any HUD- approved homebuyer education class are eligible for a waiver of a portion of the commitment fee, up to a maximum credit of $250.

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ATTACHMENTS

• PUR-86
• Section 1004.08.A
• Section 1004.08.B
• Section 1005.09.C