Monthly Archives: September 2014

Correspondent Updates

September 8, 2014 — Summary of updates: USDA:  Minimum qualifying score reduced from 640 to 620 (GUS Accept required). VA:  Maximum LTV increased on Cash-out Refinance from 95% to 100%. VA:  The requirement for a 2055 appraisal on an IRRRL has been removed. Please direct questions to your sales manager
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