SUN WEST EXPRESS PRODUCTS: FICO REDUCED TO 580
INCREASE YOUR FHA STREAMLINE PIPELINE!
(Notification applicable to Correspondent Channel)
Dear Valued Partner,
Sun West has lowered the FICO requirements for its Express Programs to expand affordable housing in this low interest rate market. Effective immediately, the revised Express Program guidelines are:
Minimum FICO Score for FHA Purchases/ Rate & Term Refinances: 630
Minimum FICO Score for FHA Streamlines: 580
To view the complete SWMC Express Product Guidelines, Click Here. Additional Price Adjustments apply for credit scores below 640. To view today's Express Rates and Price Adjustments, Click Here.
To submit a loan via SWMC Express, continue to use the E-File Upload and select 'Express Loan' to indicate your submission is subjected to our reduced overlays!
Submit your loans today through SWMC Express! If you have any questions, please feel free to call on your Account Executive at (800) 453-7884.
Sincerely,
Sun West Mortgage Company, Inc.
18303 Gridley Road
Cerritos, CA, 90703
Phone: (800) 453-7884 |