Household Income and Qualified Income
March 12, 2021
March 12, 2021
January 29, 2021
December 30, 2020
October 09, 2020
September 01, 2020
Effective September 1, 2020 the HIP DPA program will change from a 3-year/30-year split second mortgage to a straight 3-year prorated forgivable second.
July 10, 2020
U.S. Bank has compiled a list of frequently asked questions regarding policy updates as the relate to Coivd-19 The FAQ document will be dynamic and fluid. We encourage you refer to this document frequently for updates and edits.
April 01, 2020
Effective April 1, 2020 U.S. Banks's Project Approval Department (PAD) will streamline the contact information used for this area to only use the email address submissions - projectapprovaldept@usbank.com questions padquestions@usbank.com
February 06, 2020
The seller must have taken title to the subject property more than 90 days prior to the contract date on the sale of the property to the applicant.
January 31, 2020
U.S. Bank will allow funding fee to be split. It can be partially paid by the buyer, seller, partially financed, or partially paid in cash.
January 16, 2020
U.S. Bank will allow Assisted Appraisal Processing Program when allowed by VA, excluding complex properties, new construction or the absence of a legal written agreement as defined by VA