May 23, 2025

Lender Bulletin 2025-09

Important Information: MISMO File Upload

Effected Programs: All

Attention Lenders:

Effective for loan files delivered for initial loan review on or after July 1, 2025, lenders must upload an updated FNMA DU 3.2 file, MISMO XML 3.0 file, or MISMO XML 3.4 file to the loan file at the time of initial loan review submission.

This requirement for the most updated data file ensures that NJHMFA receives the most up-to-date information from the lender’s underwriting review process that also corresponds to the documentation provided, thereby reducing discrepancies and improving accuracy. The upload of timely data will enable NJHMFA to quickly and efficiently complete the loan review, which we expect will shorten cycle times for lenders.

Any file submitted to NJHMFA for loan review without one of these required uploads will be placed in a “Submission Incomplete” status and returned to the lender until the proper upload is received.

We are here to help you. If you need training on MISMO 3.4 submissions or if your technology does not support the suggested file deliveries mentioned above, please contact Joseph Alvini, Manager of Business Development, phone: 609-278-7561 or email: jalvini@njhmfa.gov

Lenders may view the updated Seller Guide by accessing the NJHMFA website under Lender Resource Site and Lender Policy and Procedures (Seller’s Guide).