Expected Government Shutdown
Dear Valued Partner,
Spending authority for the U.S. government expires today and a government shutdown is expected to occur at 11:59 PM on April 8, 2011. Sun West is closely monitoring the developments and reviewing the potential impacts to ensure a best service to our clients.
In the event that a shutdown occurs, Sun West will continue to accept locks on FHA, VA, USDA, and conventional loans. Funding of these loans is expected to continue as usual although delays are expected in closing due to unavailability of government-dependent services such as SSN validations, 4506-T verifications, and CAIVRS.
We will keep you posted of any changes as more information becomes available. Please contact your Account Executive at (800) 453-7884 should you have any questions.
Sun West Mortgage Company, Inc.
|This information is provided as information for licensed wholesale brokers only and may not be copied or distributed to customers or potential customers. All loans subject to approval. Certain restrictions may apply. Program Rates, Prices,¬†Guidelines, Fees, Costs, terms and Conditions¬†are subject to change without notice.
Sun West Mortgage Company, Inc. (NMLS ID 3277) is licensed by the Department of Corporations as a California Finance Lender (License #603 0119) and is licensed by the Department of Real Estate (License #00793885). Refer to www.swmc.com to see where SWMC is a licensed lender. In all states, the principal licensed office of Sun West Mortgage Company, Inc. is 18303, Gridley Road in Cerritos, CA 90703; Phone: (800) 453-7884