Becoming An IHDA Lender




IHDA works with more than 180 lenders across the state to provide access to financing programs that help their customers get into homes they otherwise couldn’t afford. To boost your business, become an IHDA lender today.

We require lenders to be:

  • Licensed to do business in Illinois
  • In good standing with the Illinois Department of Financial and Professional Regulation
  • Direct originators (brokers are not permitted)
  • Able to close and fund the loan in the lender’s own name

There is no charge to become an IHDA lender. And the processing for an IHDA loan can be completed in the same timeframe as a traditional mortgage, which means there’s no significant impact to the closing schedule.

“Alpine Bank is proud to be an IHDA partner and our lending business has definitely benefited from this relationship. When we started working with IHDA 20 years ago, we originated about a dozen loans. Now, that number has grown to approximately 250 loans originated annually, which has enabled us to help more people in our community realize the joy of owning a home. It didn’t take long to perfect a process that involves completing just a few extra forms for IHDA’s programs that help us get the best value for our customers while really helping to grow our business.”

~ Cass Wolfenberger, Senior Vice President of Mortgage Banking, Alpine Bank

In order for you to offer any of our FHA loan products, your institution must be an FHA-approved. Lenders also need to take the following steps:

  • Obtain approval from IHDA’s master servicer, U.S. Bank, by emailing
  • Provide written authorization from your institution’s Board of Directors permitting your organization to perform business with IHDA, and stating clearly all authorized signatories.
  • Send all hard copy forms to:
    IHDA Homeownership Department
    111 E. Wacker Drive, Ste 1000
    Chicago, IL 60601


 To join our network of lenders simply complete the following “Becoming an IHDA Lender” forms*
  • Mortgage Purchase Agreement
    • Please mail in two (2) original signed copies of the Mortgage Purchase Agreement. Please be sure to complete and sign all relevant pages requiring signatures. The Agreement must be dated the day of the Board Resolution, or shortly thereafter.
  • Certificate of Incumbency
    • Please mail in one (1) original signed copy of the Certificate of Incumbency. The Certificate must be dated the day of the Board Resolution, or shortly thereafter.
    • This certificate is used as confirmation of the identity of the signing authorities of a company and to prove that they are authorized to enter into legally-binding transactions on the company’s behalf.
    • The Certificate must (at a minimum) contain whomever has signed the Mortgage Purchase Agreement on behalf of the new lender and they will need to provide their name, title and specimen signature in the middle of the document.
    • This person cannot fill out the actual form and witness/sign the bottom of it. This must be done by an officer of the company (Corporate Secretary, Assistant Corporate Secretary, Treasurer, etc.)
  • Origination Information Sheet
  • Lender MITAS System Administrator Form
  • Brochure (Branch) Information
  • * Email for assistance

Join Our Homeownership Emailing List

Recent Homeownership Bulletins