To become a participating lender, there is a three-part process.
First, you must be approved to do business with US Bank, who is acting as the Program’s Master Servicer. If you are not already doing business with US Bank, you will need to complete the US Bank Participating Lender Application and the Participating Lender Agreement.
Thirdly, please also complete the Contact Sheet for your entity.
Return original documentation with signature pages to:
Michael A. Slania
IDA of Pima County
c/o Russo, Russo & Slania, P.C.
6700 N. Oracle Road, Suite 100
Tucson, Arizona 85704
The following PDF documents provide a summary of the Pima Tucson Homebuyer's Solution Program.
US Bank Home Mortgage and eHousing offer training for lenders and lending professionals who seek to learn how to originate loans in the Pima Tucson Homebuyer's Solution Program.
Lenders must be approved by US Bank and have executed a US Bank Participating Lender Agreement.
Borrower selects the type of loan and amount of DPA he/she wants to use, then applies and closes when approved.
Lender accepts the application and registers the loan application on the eHousing web system, including locking in the mortgage rate for that amount of DPA on that day.
The lender manual for MRBP is located at the following website www.mrbp.usbank.com.
Click on U.S. Bank Lending Manuals.
Click on continue.
From the left-hand side of options sections of the guide are broken out into different folders, ie. UW, Closing & Funding etc. as outlined below.