Community Affairs – Affordable Mortgage Lending Center
Below are brief descriptions and links to data, fact sheets, websites, webinars, and other mortgage lending studies from the FDIC and other federal resources to help community bankers with responsible mortgage lending practices. These materials are regularly updated to provide you with the most recent information on affordable mortgage lending trends and practices.
Federal Deposit Insurance Corporation
Mortgage Rules Videos
This three-part video series covers compliance with the mortgage-related rulemakings issued by the Consumer Financial Protection Bureau (CFPB). The video series is designed for community bank compliance officers to help facilitate understanding of how to comply with these rules.
Strategies for Community Banks to Develop Partnerships with Community Development Financial Institutions
This publication provides information that helps community banks identify and evaluate opportunities to collaborate with community development financial institutions (CDFIs).
Consumer Financial Protection Bureau
Closing Checklist -PDF
The Closing Checklist reflects current mortgage disclosure regulations and helps consumers identify necessary steps before closing on a mortgage loan.
Closing Forms Explained - PDF
This document provides a brief explanation of typical closing documents including HUD-1, Promissory Note, Right to Cancel form, Truth in Lending Disclosure, Initial Escrow Disclosure, and Deed of Trust.
Explore Interest Rates Beta
This tool allows borrowers to see what interest rates are common in their state and to calculate variations based on credit score, house price, down payment, rate type, loan term, and loan type. Data is aggregated from actual lenders and is updated daily.
Find a Housing Counselor
Search by zip code to find HUD-approved housing counseling agencies with results displayed on a map and details about each agency available to download in PDF format.
Loan Originator Database
Search by any combination of full NMLS ID, state license number, company name, or address to see if a loan officer or broker is authorized in your state.
Federal Home Loan Bank of Atlanta
Affordable Housing Program (AHP) Income Limits Calculator
Calculate income limits for AHP eligibility by household size.
Federal Home Loan Bank of Cincinnati
Video and PDF slides of webinars on various topics related to the Affordable Housing Program (AHP) application, disbursement, and monitoring processes.
Federal Reserve Bank of St. Louis
Housing Market Conditions PDF Archive
This is a quarterly overview of housing market conditions for the country overall and in each of the seven states that comprise the Federal Reserve's Eighth District and the Metropolitan Statistical Areas (MSA) of Little Rock, Louisville, Memphis, and St. Louis. Archive includes reports from 2012 to present.
Federal Financial Institutions Examination Council
FFIEC Rate Spread Calculator
The Rate Spread Calculator generates the spread between the Annual Percentage Rate (APR) and a survey-based estimate of APRs currently offered on prime mortgage loans of a comparable type.
Federal Housing Finance Agency
Conforming Loan Limits
Fannie Mae and Freddie Mac are restricted by law to only purchase single-family mortgages with origination balances below a specific amount, known as the “conforming loan limit.” Loans above this limit are known as jumbo loans. This webpage provides current conforming loan limits by county and unit size as well as historic detail back to 2007.
Duty to Serve Program
This program oversees the statutory requirement for Fannie Mae and Freddie Mac to serve three specified underserved markets – manufactured housing, affordable housing preservation, and rural housing – by improving the distribution and availability of mortgage financing in a safe and sound manner for residential properties that serve very low-, low-, and moderate-income families in these markets.
House Price Index
FHFA publishes monthly and quarterly Housing Price Index reports that serve as a timely, accurate indicator of house price trends at various geographic levels. Because of the breadth of the sample, it provides more information than is available in other house price indexes.
Housing Price Index Calculator
The Housing Price Index Calculator provides the state or MSA level estimated house value based on purchase price.
Monthly Interest Rate Survey
This survey provides monthly information on interest rates, loan terms, and house prices by property, loan, and lender type, as well as information on 15-year and 30-year fixed-rate loans. The survey also provides quarterly information on conventional loans by major metropolitan area and by Federal Home Loan Bank district.
U.S. Department of Housing and Urban Development
A Live Webinar: The FHA Single Family Housing Policy Handbook In-Depth - PDF
In late August 2015, HUD hosted two webinars to discuss the updated HUD Handbook. Materials used in the presentation are available on the website. A recording of the webinar is not available.
Computerized Home Underwriting Management System (CHUMS) Data Files
Download files and/or their description with loan limits from 2013 to present for FHA Forward Limits, HECM Limits, and Fannie/Freddie Limits. All files are updated from HUD's CHUMS data system on a weekly basis.
FHA Mortgage Limits
Look up FHA or GSE mortgage limits by state, county, or Metropolitan Statistical Area. The results page includes a median sales price value for each jurisdiction and the loan limit for one-, two-, three- and four-unit residences.
HOME Investment Partnerships Program
This webpage includes an overview of the HOME program and links to resources, policy guidance, reporting systems, topics, and reports about the program.
Housing Counseling Intermediaries
This webpage includes a list of HUD-approved housing counseling intermediaries and eligible state housing finance agencies that can provide services directly or through a network of affiliates. The list provides organization name, city, state location, and website link.
This site links to all HUD Handbooks categorized by handbook number and name.
Search HUD-approved lenders by name, geographic identifiers, or the type of insurance or product they provide.
Single Family Housing Policy Handbook (HUD Handbook 4000.1) Information Page
This webpage provides links to the updated Single Family Housing Policy Handbook and various resources and frequently asked questions documents.
Office of the Comptroller of the Currency
The OCC provides a variety of fact sheets on products and services, investment vehicles, and government programs and initiatives related to community development and consumer banking. Mortgage-related fact sheets include:
- Affordable Mortgage Lending Opportunities: Exemptions Under the Ability-to-Repay Rule
- FHA's 203(b) Purchase Money Loan Guarantee Program - PDF
- FHA's 203(k) Loan Program
- HUD Section 184 Indian Home Loan Guarantee Program
- HUD Title VI Loan Guarantee Program - PDF
- USDA Rural Housing Finance Programs
Guide to Housing
Disability.gov is the U.S. federal government website for information on disability programs and services nationwide. Disability.gov’s Guide to Housing has information about government agencies and organizations that provide information on housing including homeownership, rental assistance programs, assisted living facilities, and home modifications for accessibility to people with disabilities.
U.S. Department of the Treasury
HAMP Activity by Metropolitan Statistical Area
These reports, released in conjunction with the monthly Making Home Affordable (MHA) Program Performance Report, include mortgage modification activity under HAMP by metropolitan area.
Making Home Affordable Data Files
This webpage provides three sets of loan-level mortgage modification data reported by servicers: The First Lien Modification Program, the Second Lien Modification Program, and the Home Affordable Foreclosure Alternatives Program. Each set is subdivided into 10 geographic regions that cover the United States and its territories.
Internal Revenue Service
The search engine on the IRS website allows you to find information on federal income tax implications of a mortgage.
U.S. Department of Agriculture
Income and Property Eligibility Website
The webpage is used to determine eligibility for certain USDA home loan programs and the USDA Satellite Grant Program. In order to be eligible for many USDA loans, household income must meet certain guidelines. Also, the home must be located in an eligible rural area as defined by USDA.
Rural Housing Service Lender Interactive Network Connection
This is the main landing page for lenders with links to single-family, multifamily, and community facility loan program reporting interfaces.
Service Center Locator
Customers can access the services provided by the Farm Service Agency, Natural Resources Conservation Service, and the Rural Development agencies through the USDA Service Centers. The map provides the address of the USDA Service Centers and other agency offices serving the area along with contact information.
U.S. Department of Veterans Affairs
Native American Direct Home Loan Fact Sheet - PDF
This fact sheet explains the Native American Veteran Direct Loan program.
Specially Adapted Housing Program Fact Sheet - PDF
This fact sheet explains the Specially Adapted Housing (SAH) program that offers grants to certain service members and veterans with severe service-connected disabilities to assist them in building, remodeling, or purchasing an adapted home.
VA Guaranteed Loan Fact Sheet - PDF
This fact sheet explains the borrower requirements and underwriting criteria for a VA guaranteed loan.