Bulletins

NOTICE TO ALL CUSTOMERS VA Documentation Requirement for Allowable Fees The Department of Veterans Affairs (VA) published via Circular 26-24-19 their invoice requirements for itemized fees and charges paid by or to be paid by the veteran and the updates to State Fees and Charges Deviations List on a VA ...

NOTICE TO ALL CUSTOMERS Flood Certification Delivery of Properties in Flood Zone Florida Capital Bank would like to remind customers of the regulatory guidance found in the Flood Disaster Protection Act. When an institution makes, increases, extends, or renews any loan secured by improved real estate or by a mobile home, ...

NOTICE TO ALL CUSTOMERS USDA Fiscal Year 2025 Funding The USDA Rural Development Housing Program announced yesterday that Fiscal Year 2025 funds are now available for the Single-Family Housing Guaranteed Loan Program. As a reminder, Guarantee Fees remain unchanged for both purchase and refinance transactions for the new fiscal year ...

NOTICE TO ALL CORRESPONDENTS AND NON-DELEGATED CORRESPONDENTS: Borrower Initiated Reconsideration of Value Reminder FLCBank would like to remind all Correspondent Customers of the upcoming dates for lenders to implement the new requirements related to Appraisal Review and Reconsideration of Value (ROV) policy and guidelines. Fannie Mae, Freddie Mac, and Federal ...

NOTICE TO ALL CUSTOMERS Important Freddie Mac Income Guideline Updates  Florida Capital Bank would like to notify customers of a number of Income Requirements updates announced by Freddie Mac via Bulletin 2024-10 these updates are available immediately but are required with loan applications finaled to FLCBank on or after October ...

NOTICE TO ALL CORRESPONDENTS AND NON-DELEGATED CORRESPONDENTS:  Action Required – 2024 Annual Review Process Due Date Extended: Please Note:  The due date for compliance with the annual review has been extended to Tuesday, October 15, 2024. If you have already submitted your documents there is no need to re-send. CLICK ...

NOTICE TO BROKERS Action Required – 2024 Annual Review Process Due Date Extended:                                                                                                                                           Please Note:  The due date for compliance with the annual review has been extended to Tuesday, October 15, 2024. If you have already submitted your documents there is no need to re-send. CLICK HERE TO DOWNLOAD THE ...

NOTICE TO BROKERS Fee Entry Update: Service Provider Screen FLCBank has streamlined our fee entry submission process. A settlement service provider list (SSPL) is no longer required to be provided from your LOS. The form will now be included in the initial disclosure package prepared by the fee entry team ...

NOTICE TO ALL CUSTOMERS Important: USDA Fiscal Year Funding FLCBank reminds customers that USDA 2024 Fiscal Year ends on September 30, 2024. September 30, 2024, marks the end of Rural Housing Service Single Family Housing Guaranteed Loan Program 2024 Fiscal Year, while October 1, 2024, marks the beginning of the ...

NOTICE TO ALL CUSTOMERS New and Improved Gold Jumbo Product Great News! FLCBank is pleased to announce our new and improved Gold Jumbo Product. FLCBank has been a leader in the jumbo ARM market and now provides you with a fixed-rate jumbo product to win high-net-worth clients. Below are the ...

NOTICE TO ALL CUSTOMERS Resources for Gold Jumbo Product The following documentation is posted in the FLCBank Resource Center to assist you with the Gold Jumbo which you can also access via the links below: CLICK HERE for the Gold Loan Submission Checklist – the checklist indicates all required documentation ...

NOTICE TO ALL TEXAS ORIGINATORS Property Taxes in Texas FLCBank has updated Texas property tax qualifications and escrow requirements as follows: Qualification   Whenever possible, FLCBank will use the latest Market Value from the appraisal district for the latest available year multiplied by the latest tax millage rates available. No ...

NOTICE TO ALL CUSTOMERS Hurricane Francine Effective immediately, loan closings and loan funding are suspended in the state of Louisiana due to Hurricane Francine. We will reschedule loan closings and loan fundings once information is released about which counties may be affected by the severe weather caused by Hurricane Francine ...

NOTICE TO ALL CUSTOMERS Freddie Mac Rental Income Updates FLCBank updated its Freddie Mac guidelines with the Rental Income updates announced via #2024-AC-020 on August 20, 2024. Rental income requirements now provide additional flexibility for the use of rental income as follows CLICK HERE TO DOWNLOAD THE COMPLETE BULLETIN ...

NOTICE TO BROKERS Action Required – 2024 Annual Review Process: FLCBank performs annual reviews on all active approved customers in all channels. To ensure a timely review and avoid an interruption in service, please provide the following documents no later than the close of business Friday, September 20, 2024. CLICK ...