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New Pricing Adjusters for All FHA Streamline Refinance Products
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PRICING ADJUSTERS (FHA Streamline Refinances Only) |
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700 ≤ FICO < 720 25 BPS IMPROVEMENT! |
EXISTING ADJUSTER |
NEW ADJUSTER |
0.0000 |
0.250 |
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FICO ≥ 720 25 BPS IMPROVEMENT! |
0.125 |
0.375 |
All FHA Streamline Refinance Transactions |
(0.500) |
(0.750) |
The pricing adjuster update applies to all three commitment channels: Best Effort, Single Loan Mandatory, and Assignment of Trade (AOT).
Commitment Channel |
Effective Date |
Best Effort and Single Loan Mandatory |
August 15, 2012 |
Assignement of Trade (AOT) |
September 1, 2012 |
If you have any questions, please feel free to contact your Account Executive at (855) SUN-PRICE or (855) 786-7742.
Sincerely,
Sun West Mortgage Company, Inc.
18303 Gridley Road
Cerritos, CA 90703
Phone : (800) 453-7884