Maximum Number of Financed Properties

Effective for new locks taken on or after 5/1/2013, the maximum number of financed properties allowed per borrower is four. All financed properties held individually, jointly, within an LLC, or within a partnership must be counted in the borrower(s) total number of...

Fee Schedule Changes

Effective for new locks taken on or after 5/1/2013, the fee and price structures for Correspondent Lending will be updated.  Please review the following schedule of changes: Delegated Admin Fee:                  $250.00 Non-Delegated Admin Fee:         $695.00 FHA...