The steps for monitoring homebuyer programs are:

• Collect Background Information: The Program Overview: Homebuyer Checklist outlines the basic background information a monitor should collect to become familiar with a program before beginning a review of the case files.



• Schedule and Conduct On-Site Review: The procedures are described at In-Depth Monitoring and On-Site Reviews to structure the review. Monitoris should also review and use the Program-Wide Requirements Checklist and the series of checklists to examine compliance with other Federal requirements.
• Review Case Files for Documentation: The documentation, Homebuyer Project Checklists,is a useful tool for quickly determining that all required documents are in each file. Missing documents may be a sign of greater compliance problems.



• Review Casefiles for Contents: The Case
  File- Homebuyer Project Checklist highlights the special questions to ask about each individual case when reviewing project files. The monitor should use this checklist while reviewing each case file to build a broader picture of the program's overall performance.



• Assess Program Compliance Issues: The Monitoring Summary- Homebuyer Program Checklist provides the monitor with the key questions concerning a program's overall compliance status. Important Federal regulatory issues are highlighted to assist the monitor in pinpointing serious compliance problems.



• Assess Program Performance and Document Results.