| HOC FIRST MORTGAGE PROGRAM DOCUMENTS | ||
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AFFIDAVITS AND DISCLOSURES |
Required Pre-Closing Compliance Package Submission |
Required Document for Settlement |
| Addendum to Deed of Trust |
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X
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| Certificate of Mortgagor |
X
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X
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| Notice to Borrowers |
X
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| Information Regarding Potential Recapture Tax - 33rd Edition April 15, 2023 - June 30, 2024 EXTENSION fillable |
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X
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| Mortgagor’s Affidavit |
X
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X
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| Mortgage Purchase Program (MPP) Disclosure Information |
X
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| Notice of Potential Recapture Tax - For All Loans |
X
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| Occupancy Addendum |
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X
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| Participant's (Lender's) Affidavit - FOR LENDERS |
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Shipping
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| Seller’s Affidavit |
X
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X
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| PROGRAM DOCUMENTS and FOR INFORMATION ONLY | REQUIRED OR NOT REQUIRED | |
| Applicant's Profile - rev.4/19 fillable | Pre-Closing Compliance Package Submission & RCCAP Reservation | |
| Home Inspection Certification | Pre-Closing Compliance Package Submission | |
| ACH NEW VENDOR SET UP INSTRUCTIONS | COMING SOON!!! | |
| ACH Direct Deposit Form – NEW VENDORS |
Required to set up ACH payments for secondary financing funds to settlement agents |
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| ACH Request And Settlement Agent Information – rev. 8/2022 | Pre-Closing Compliance Package Submission | |
| Mortgage Clause | The Housing Opportunities Commission of Montgomery County, Its Successors And Assigns As Their Interest May Appear, 10400 Detrick Ave., Kensington, MD 20895 |
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| HOC Employer Identification Number - EIN - for FHA use only | FHA Requirement | |
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FHA APPROVAL of MPDU Financing – HUD Approval Letter 12_2011 |
FHA deems units subject to the Montgomery County MPDU program as eligible for FHA insurance. Lenders should keep a copy of the FHA approval letter in each loan underwriting file. |
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| DOCUMENT SUBMISSION CHECKLIST - PRE-CLOSING AND POST CLOSING |
REQUIRED
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PRE-CLOSING Instructions For Submission of First And Secondary Loan Documents Via Secure Email |
FOR YOUR INFORMATION | |
| FIRST MORTGAGE PRE-CLOSING Compliance Checklist - rev.8/2022 fillable | Pre-Closing Compliance Package Submission | |
| SECONDARY FINANCING PRE-CLOSING Compliance Checklist - rev. 8/2022 fillable | Pre-Closing Compliance Package Submission – Secondary Financing | |
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POST CLOSING Instructions For Submission of HOC First Mortgage Post Closing Documents Via Secure Email |
FOR YOUR INFORMATION | |
| MBS Post CLOSING Compliance Checklist to HOC - rev. 8/2022 fillable |
Post-Closing Compliance Package Submission
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| SECONDARY FINANCING PROGRAMS LOANS OR GRANTS |
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MONTGOMERY COUNTY CLOSING COST ASSISTANCE |
REQUIRED |
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Closing Cost Loan Estimate(LE) Information Form |
Submit within 24hrs of Initial Application |
| Reservation of Funds Form for County Closing Cost Assistance - 5 for 5 |
Reservation & Pre-Closing Compliance Package Submission
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| Authorization for Automatic Withdrawal |
Pre-Closing Compliance Package Submission
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| Disclosure of Information for Closing Cost |
Pre-Closing Compliance Package Submission
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| ACH Request And Settlement Agent Information – rev. 8/2022 | Pre-Closing Compliance Package Submission |
| ACH Direct Deposit Form | Require at least one week before settlement |
| SECONDARY FINANCING PRE-CLOSING Compliance Checklist - rev. 8/2022 fillable | Pre-Closing CompliancePackage Submission |
| HOC Employer Identification Number - EIN - for FHA use only |
FHA Requirement
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PURCHASE ASSISTANCE LOAN DOCUMENTS |
REQUIRED |
| Purchase Assistance Loan Program Disclosure |
Pre-Closing Compliance Package Submission
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| SECONDARY FINANCING PRE-CLOSING Compliance Checklist |
Pre-Closing CompliancePackage Submission
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| Purchase Assistance Exemption From GFE |
FOR INFORMATION
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McHAF Program |
REQUIRED |
| McHAF Disclosure of Information |
Application & Pre-Closing Compliance Package Submission
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| SECONDARY FINANCING PRE-CLOSING Compliance Checklist - rev. 8/2022 fillable |
Pre-Closing Compliance Package Submission
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Pre-Closing Compliance Package Submission
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| McHAF Program and Information Guidelines -updated 8/2022 |
Pre-Closing Compliance Package Submission
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| Purchase Assistance Exemption From GFE | FOR INFORMATION |
| ACH Direct Deposit Form | Require at least one week before settlement |
| Reservation Process eHousingPlus for McHAF first mortgage and McHAF funds – Powerpoint - 10/4/2021 | Reservation Process of McHAF First Mortgage and McHAF Funds |
| MANUALS AND PROCEDURES | |
| HOC Loan Process (reservation, extension/cancellations, pre and post-closing) | FOR INFORMATION |