You will be setting up:
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1.) An FHA 1st Primary loan
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2.) Which will reference the funds for the DPA so that the AUS and disclosures will recognize it as a DPA with a Second
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3.) The DPA 2nd loan will be set up and disclosed by LoanStream
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4.) You will select the DPA Program from pricing results on the pricing page.

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1.) From the Loan & Property tab, under 'Other New Mortgage Loans on the Property'
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2) On the Assets & Liabilities tab, under the “Other Assets You Have” section, select the required fields from the drop down below.

DU will then detect the down payment information and provide you with the findings.
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When you PRICE the loan, please ensure the following:
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1.) Loan type is selected as FHA
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2.) Include Down Payment Assistance should be selected as Yes
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3.) LTV should be 96.5% and CLTV should be 100%
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Please check out our website or contact your Account Executive for more information on our DPA programs.