Only lenders approved by HOC are allowed to participate in the HOC Mortgage Purchase Program.

Approved lenders cannot begin to originate loans until they have received training. Lender training is provided on a continuing basis.  Please contact HOC Single Family Mortgage Purchase Program at homeownership@hocmc.org or +12406279598.

HOC is doing business in the MBS market. The loans being originated for MBS are purchased by U.S. Bank as HOC’s master servicer. HOC is underwriting for compliance. The lender is underwriting for credit.

HOC has arranged with an outside firm, eHousingPlus, to manage the loan reservations in the Mortgage Purchase Program.

REQUIRED MORTGAGE PURCHASE PROGRAM DOCUMENTS AND INFORMATION

TRID REQUIREMENT – SECONDARY FINANCING – Revolving Closing Cost Loan “5 for 5”

HOC will prepare the Loan Estimate upon loan being registered (within 3 days of initial application)

• Lender MUST complete the Closing Cost Loan Estimate (LE) Information Form for HOC to get the information.
• Print a copy for your file. (to be submitted w/ Secondary Financing Pre-Closing Compliance Package)

Affidavits, Disclosures, Forms for all programs