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How to Setup DPA Pro with a Subordinate (2nd lien) Loan in 1003 - LendingPros

Updated over a year ago

You will be setting up:

1.) An FHA 1st Primary loan

2.) Which will reference the funds for the DPA so that the AUS and disclosures will recognize it as a DPA with a Second

3.) The DPA 2nd loan will be set up and disclosed by LendingPros

4.) You will select the DPA Pro Program from pricing results on the pricing page.


There are 2 primary areas to set up your loan:

1.) From the Loan & Property Screen, under 'Other New Mortgage Loans on the Property'

2) Or In the Assets & Liabilities screen, under the “Other Assets You Have” section, select the required fields from the drop down below.

DU will then detect the down payment information and provide you with the findings.

To Price Your MaxOne Loan

When you PRICE the loan,

1.) Select the DPA = YES but note it will show on an FHA program with FHA results if "NO"

2.) Make sure your LTV and CLTV are correct:

3.) LTV is 96.5%

4.) CLTV is 100%

These steps will assist with an accurate price and disclosure process.

Please check out our website or contact your Account Executive for more information on DPA Pro

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