Metro DPA (with USB) Program Highlights

metroDPA

MetroDPA- US Bank Servicer | At-A-Glance

AVAILABLE PROGRAMS metroDPA- US Bank Servicer
QUESTIONS Questions
ELIGIBLE AREA Eligible Areas
ELIGIBLE BORROWER(S) No first-time buyer requirement
RATES See Chart
DPA AVAILABLE See Chart
LOAN TYPE See Chart
INCOME LIMITS Income Limits
PURCHASE LIMITS There are no purchase price limits in this program. Follow Agency and GSE (FHA, USDA-RD, VA, Fannie Mae and Freddie Mac) guidelines for maximum loan limits.
TIMELINE REQUIREMENTS 70 calendar days from loan reservation to loan purchase. Underwriter Certitied anytime prior to closing.
HOMEBUYER EDUCATION Homebuyer Education
CO-SIGNORS Co-Signors
PROGRAM GUIDELINES metroDPA Program Guidelines US Bank Servicer
PARTICIPATING LENDERS Participating Lenders

Today’s Rates & Offerings [ Business Days 8:00am – 10:00pm MT ]

MetroDPA | Rates & Offerings

MetroDPA GOVERNMENT
Offering FICO DPA Lock Rate
FHA, USDA, VA 640 0% 6.750%
FHA, USDA, VA 4% 7.000%
MetroDPA CONVENTIONAL
Offering FICO DPA Lock Rate
Fannie Mae OR Freddie Mac <= 80% AMI 640 0% 7.250%
Fannie Mae OR Freddie Mac <= 80% AMI 4% 7.375%
Fannie Mae OVER 80% AMI  640 0% 7.250%
Fannie Mae OVER 80% AMI  2% 7.375%

MetroDPA

MetroDPA- US Bank Servicer | At-A-Glance

AVAILABLE PROGRAMS metroDPA- US Bank Servicer
QUESTIONS Questions
ELIGIBLE AREA Eligible Areas
ELIGIBLE BORROWER(S) No first-time buyer requirement
RATES See Chart
DPA AVAILABLE See Chart
LOAN TYPE See Chart
INCOME LIMITS Income Limits
PURCHASE LIMITS There are no purchase price limits in this program. Follow Agency and GSE (FHA, USDA-RD, VA, Fannie Mae and Freddie Mac) guidelines for maximum loan limits.
TIMELINE REQUIREMENTS 70 calendar days from loan reservation to loan purchase. Underwriter Certitied anytime prior to closing.
HOMEBUYER EDUCATION Homebuyer Education
CO-SIGNORS Co-Signors
PROGRAM GUIDELINES metroDPA Program Guidelines US Bank Servicer
PARTICIPATING LENDERS Participating Lenders