AC-016 Preferred Jumbo Pricing Update
Updates to the Preferred Jumbo product pricing
Effective today, May 18, 2023, our Preferred Jumbo product will appear in Optimal Blue (OB) with the ACH adjustment incentive automatically set to “Yes” which displays the best price available.
To view the price without the ACH adjustment incentive, the Loan Originator must change the ACH adjustment incentive to “No”. Once the ACH option has been changed to “No” the new price will be displayed.
If a loan has been submitted and the Borrower chooses not to take advantage of the ACH adjustment incentive, the Loan Originator must notify the underwriter immediately. Otherwise, the loan will be conditionally approved pending the completed ACH documentation.