Update 17-13

Revised 4/19/2017

Program Update: 

Conventional Conforming Fixed DU

Florida Condominiums:  For established complexes NOO transactions to 80% LTV/CLTV are now allowed with Full Review or PERS Approval.

Lender Paid Mortgage Insurance – LPMI
New improved LPMI pricing will be active on 04/18/2017, on the rate sheet and in Broker Connection.  This pricing will apply to all loans locked and MI Certificates dated, on or after 04/18/2017. Loans locked prior to 04/18/2017, requiring MI are subject to MI pricing at time of lock.

Pricing Update

FHA and VA
The following LLPA adjustments have been removed.
  • 2-4 units     -0.50%

Please contact your Account Executive with any questions.