Closing

After FHLBank approves the reservation and income, the transaction may close. Members provide the Homeownership Set-aside Program (HSP) funds at closing and will be reimbursed by FHLBank upon approval of the member’s disbursement request.

Resources to ensure all closing requirements are met:

  • The Closing Checklists include helpful information for the closing member, closing agent and information regarding repair expenses. The Closing Checklists can be found on the right side of this page under the heading Forms.

  • The Real Estate Retention Agreement can be found on the right side of this page under the heading Forms.

  • FHLBank maximum interest rates can be found on the HSP homepage.

 

 

     Forms   

  Member Registration Agreement

Reservation Workbook

Zero Income Certification

Disbursement Request Form

Closing Checklists

Real Estate Retention Agreement

 Related Resources   

FAQ's

AHP Reg 12 cfr 1291

State MRB Income Limits Chart

2010 HUD Mortgagee Letter

2016 AHP Implementation Plan

HSP Manual

AHP & HSP Income Calculation Manual

     Homebuyer Education    

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Oklahoma

   Media   

HSP Emails

HSP Presentations

    Links    

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