April 15, 2026
Selling Notice - Area Median Income-Based Loan-Level Price Adjustment Waiver Determination
The Area Median Income (AMI) eligibility determination for loan-level price adjustment (LLPA) waivers on HomeReady®, first-time homebuyer, and Duty to Serve loans is being standardized. For loans originated through Desktop Underwriter® (DU®), the DU casefile creation date will now be used to determine AMI eligibility instead of the application received date, while non-DU loans will continue using the application received date. This change will apply to all DU-underwritten loans sold to Fannie Mae with a Casefile Create Date on or after January 15, 2027.
