Office of Loan Programs
Mortgage Origination Program (MOP)
Provides adjustable rate loans with repayment terms of up to 40 years. Loans may have a maximum loan-to-value ratio of 80 to 90 percent, depending on overall qualifying documentation.
Interest-Only Mortgage Origination Program (IO-MOP)
Loan featuring interest-only payments for a specified period of time.
Graduated Payment Mortgage Origination Program (GP-MOP)
Loan featuring an initial interest rate that is a specified percentage lower than the Standard Rate in effect at the time of loan commitment.
Supplemental Home Loan Program (SHLP)
Provides primarily secondary mortgage financing with variable and fixed rate options.
