Loan Delivery Turn Times
Documents must be received by 5 p.m. CST. All conditions should be uploaded into the loan file on Lender Online . To maintain the lowest possible turn time from submission to purchase, please submit all purchase suspense conditions at one time.
Closed Loans Submitted for Purchase: 3-4 business days
Pended for Purchase Loan Conditions: 3-4 business days
AHFA Releases New Video Explaining the MCC Program
Although it’s made homeownership more affordable for nearly 5,000 Alabama households, the Mortgage Credit Certificate (MCC) is one of the most misunderstood housing programs on the market today.
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'Easy to Use and Easy for Borrowers to Understand':
Huntsville Lender Shares First Experience Closing Loan with AHFA's Step Up Program.
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New, Higher Income and Sales Price Limits Open Mortgage Savings Program to More Alabama Homebuyers
AHFA has opened its popular Mortgage Credit Certificate (MCC) program to more homebuyers, thanks to newly increased income and sales price limits.
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Alabama Homebuyers Set to Save $750 Annually After FHA Reduces Mortgage Insurance Premiums
Savings Calculated on January 2023 Median Home Price of $254,700
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Top Participating Lending Company Named for 1st Quarter
Guild Mortgage is our Top Participating Lending Company for the first quarter of FY23, closing the most home loans this quarter using our homeownership financing options.
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1st Quarter Leading Lenders Revealed
The top Leading Lenders for the first quarter of FY23 are...
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