Lender Information
To become a participating lender, there is a two-part process.
First, you must be approved to do business with US Bank, who is acting as the Program’s Master Servicer. If you do not already do business with US Bank, you will need to complete the US Bank Participating Lender Application and the Participating Lender Agreement.
The following PDF dcuments provide a summary of the Kansas Housing Asistance Program.
Program Summary
US Bank Participating Lender Application
Participating Lender Agreement
Lender Training
US Bank Home Mortgage and eHousing offer training for lenders and lending professionals who seek to know about the Kansas Housing Assistance Program.
Lenders who have submitted their Lender Invitation Documents are eligible to register for the training.
You can request lender training by contacting Sue Denihan, eHousing, at 813‐415-3549, or email to set up individualized webinar training.
Loan Processing
Borrower selects the type of loan he/she wants to use, then applies and closes when approved.
Lender accepts application and register the loan application on the eHousing web system, including locking in the interest rate.
At closing, lender funds the loan and the up to 4% cash assistance.
After closing, lender submits files to US Bank Home Mortgage. After approval of the lender file, US Bank Home Mortgage pays the lender 100% of the unpaid principal and the up to 4% cash assistance. The lender is also paid the Service Release Premium (lender compensation).