HLPR loan eligibility is limited to borrowers with a household income at or below the local area median income. Look up tools for local area median income data are available from either Freddie Mac or Fannie Mae at the following websites:

Fannie Mae's

Freddie Mac's

Borrower household income can exceed the local area median in certain high cost areas designtated by the Department of Housing and Urban Developoment. Following are the percentages of local area median income permitted in high cost areas:

• 170% in Hawaii
• 165% in the New York, NY, MSA
• 165% in Dutchess County, NY
• 165% in the Nassau-Suffolk, NY, MSA
• 165% in the Newburgh (Orange County), NY, MSA
• 165% in Rockland County, NY
• 165% in Ulster County, NY
• 165% in Westchester County, NY
• 140% in California
• 135% in the Boston, MA, MSA
• 125% in the Newark, NJ, MSA
• 120% in the Seattle, WA, MSA,
• 120% in the Portland, OR, MSA
• 120% in Bergen/Passaic, NJ, MSA

Copyright © 2008 - Credit Union National Association, Inc.