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FEMA Disaster Area UpdateDear Licensed Partner, New counties in Minnesota have been declared by FEMA as Major Disaster Areas. Incident Period Date: From September 21, 2016 to September 24, 2016 Designated MN Disaster Areas: Blue Earth County, Freeborn County, Hennepin County, Le Sueur County, Rice County, Steele County and Waseca County.To view a complete list of FEMA disaster alerts in XLS format, click here: Annexure-I. To view FEMA's recent update on MN, click here: FEMA. SWMC Disaster Area Policy For loans submitted with an appraisal dated on or before the incident period end date or for those submitted without an appraisal, Sun West will require an interior and exterior inspection prior-to-funding or purchase of any loans with subject properties that are determined to be at risk. The inspection must verify that the property is sound, habitable and in the same condition as when it was appraised. Our partners can access Sun West Seller Guide under HELP section in Sunsoft. Please refer to Sun West Forward Mortgage Seller Guide (Section 404.07) and Sun West Reverse Mortgage Seller Guide (Section 3.23) for more details. Notes:
If you have any questions, please contact your Client Relations Manager at (855) OK-SUNWEST or (855) 657-8693. Sincerely,
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