R-007 Closed End and HELOC Improvements

NOTICE TO RETAIL LOAN ORIGINATORS

Improvements to the Second Mortgage HELOC and Closed-End Second Mortgage Guidelines

We are pleased to announce improvements in the credit guidelines of our Piggyback HELOC and Closed-End Second Mortgage Products. The new requirements are noted in blue font in the matrix below. Please refer to the guidelines for additional details.

CLICK HERE TO READ THE COMPLETE BULLETIN.

-->