September 24, 2020 | Bulletin #20-19

GSFA Platinum Program Update

The following is an update to the Servicing Release Premium for all GSFA Platinum loan reservations made on or after October 12, 2020. Servicing Release Premium (based on First Mortgage): 0.50%.   The Program Term Sheets for GSFA Platinum have been updated and are available online in the GSFA Platinum Lender Participation Guide.   For questions or additional assistance regarding this bulletin, please email [email protected].

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GSFA Platinum® Down Payment Assistance GSFA OpenDoors® Down Payment Assistance GSFA MCC® Mortgage Credit Certificate

Knowledge is key to being successful as a mortgage professional in today's market. The more you know about homebuyer assistance programs, the easier it is to match borrowers with the right products to fit their needs.

Join GSFA for live webinars to learn program advantages and guidelines, how to process applications, key dates, marketing tools and much more. Various dates and times through September and October are available. Click the link below to view availability and reserve your virtual seat. Register Today!

Training Recommended for: Loan Officers, Originators, Processors and Underwriters

© 2020 Golden State Finance Authority. All rights reserved. Program Bulletins are intended for mortgage professionals only. This is not an offer for extension of credit nor a commitment to lend and is subject to change without notice. Complete program guidelines, loan applications, interest rates and annual percentage rates (APRs) are available through GSFA Participating Lenders. Stay Connected ‌ ‌

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