Correspondent Updates
Please visit our website to view updates to the Client Guide, Product Descriptions, and Overlay Matrix.
Summary of updates:
New Eligible States: Nevada, New Jersey, and Pennsylvania.
Eligible Property Types: Log Cabin Max LTV expanded to 85%.
Conforming Fixed Product: LTV requirements removed for single premium financed MI.
Conventional: Max LTV for 1 Unit Investment Purchase expanded to 85%.
Address Change: Borrower payments
Please direct questions to your sales manager