Week of 16 Mar 09
Deadlines to Remember
For refinance fundings to be eligible for Feb funding disbursements:
- Submit to Underwriting on or before March 18, 2009
- Docs Signed by the borrower on or before March 23, 2009
Underwriting Reminders
FHA and VA Streamlines
- Current employment information is required on the loan application.
- Self employed borrowers must provide a CPA Letter or Business license.
- For retired borrowers or borrowers receiving social security we will accept a letter of explanation.
- A verbal VOE will be performed prior to the loan closing and at funding.
Pricing Updates
No changes this week.