Disaster Declaration for the State of Tennessee
Disaster Declaration for the State of Tennessee FEMA Notice Date: December 13, 2023 On December 13, 2023, the Federal Emergency Management Agency (FEMA) declared that
Due to current market conditions, temporary changes to our employment re-verification process are necessary to manage risk. The changes below apply to all loans underwritten.
Income
Wage Earners
Self Employed – Full Doc Conventional
Self Employed – Full Doc VA
Self Employed – Full Doc FHA/USDA
Self Employed- All Products
Rental Income Support
Rental Income Support-FHA
Forbearance-Conventional Loans
Borrowers who are currently or have been in forbearance, are acceptable in certain cases:
Forbearance-FHA & USDA Loans (all financed properties)
Forebearance – VA Purchase and all refinances
Forbearance – VA IRRRLs
Age of Documentation- Conventional Products
Age of Documentation-FHA/VA/USDA Products
COVID-19 Borrower Certification:
Disaster Declaration for the State of Tennessee FEMA Notice Date: December 13, 2023 On December 13, 2023, the Federal Emergency Management Agency (FEMA) declared that
Disaster Declaration for the State of Illinois FEMA Notice Date: November 20th, 2023 On November 20, 2023, the Federal Emergency Management Agency (FEMA) declared that
Disaster Declaration for the State of Hawaii FEMA Notice Date: October 13th, 2023 On August 10, 2023, the Federal Emergency Management Agency (FEMA) declared that
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