Program Guidelines for Lenders

Capital Advantage Program (CAP)

Program Master Servicer is US Bank

Program Administrator is eHousingPlus

Lender Program Guidelines are published by eHousingPlus. Approved lenders are responsible for ensuring that they are always following the most up to date version of the Program Guidelines. When the Program Guidelines are updated by eHousingPlus, the latest version will always be published here as well as on the eHousingPlus website for lender convenience.
Program Guidelines

The Capital Advantage Program uses the Freddie Mac HFA Advantage Conventional Loan Product. Here is a comprehensive training deck provided by Freddie Mac for this product. Lenders should always check with US Bank for any additional overlays to the product.
Training Deck

Lenders Seeking Approval to offer the Capital Advantage Program:

In order to become an approved lender for the Capital Advantage Program, lenders must first be approved by US Bank's HFA Division and must execute this Mortgage Origination Agreement ("MOA") with CAFA. Lenders wishing to become approved to offer the Capital Advantage Program can sign this MOA and send the signed copy along with the US Bank HFA Division Approval Letter to Ashley Logan, Lending Program Manager, at ashley@thecafa.org. Once all documents are executed by all parties, CAFA will set up a lender training with each approved lender.
MOA

This is an Addendum to the MOA. This addendum outlines the details of the Capital Advantage Program and is a component of the MOA. Each time there are changes to the Capital Advantage Program, this Addendum will be updated to reflect those changes and published here.
Addendum to MOA


LA CAFA Grant Program (LA-CAFA)

Program Master Servicer and Program Administrator is GMFS

Lender Program Guidelines are published by GMFS. Approved lenders are responsible for ensuring that they are always following the most up to date version of the Program Guidelines. When the Program Guidelines are updated by GMFS, the latest version will always be published here as well as on the GMFS Partners website for lender convenience.
Program Guidelines

The LA-CAFA Grant Program uses the Freddie Mac HFA Advantage Conventional Loan Product. Here is a comprehensive training deck provided by GMFS for this product.
Training Deck

Mortgage Brokers and Correspondent Lenders Seeking Approval to offer the LA-CAFA Grant Program:

In order to become an approved lender for the LA-CAFA Grant Program, mortgage brokers and correspondent lenders must first be approved by GMFS and must execute this Mortgage Origination Agreement ("MOA") with CAFA. GMFS approved mortgage brokers or correspondent lenders wishing to become approved to offer the LA-CAFA Grant Program can sign this MOA and send the signed copy to Ashley Logan, Lending Program Manager, at ashley@thecafa.org. Once all documents are executed by all parties, CAFA will set up a lender training with each approved mortgage broker or correspondent lender.
MOA

This is an Addendum to the MOA. This addendum outlines the details of the LA-CAFA Grant Program and is a component of the MOA. Each time there are changes to the LA-CAFA Grant Program, this Addendum will be updated to reflect those changes and published here.
Addendum to MOA