FHA 2021 Maximum Loan Limits
The Federal Housing Financing Agency (FHFA) recently updated the conforming loan amount limits for all counties in the United States. The new loan limits are effective for case numbers assigned on or after January 1, 2021.
FHLMC Product Updates
FHLMC has lowered the maximum LTV on 2-4 unit properties from 95% to 85% for their Home Possible Program. FHLMC has also updated their solar guidelines.
Huge Pricing Improvement on Government Loans
Leading Pricing on LoanSifter with a Huge Pricing Improvement: 100 bps on all Government Loans.
Winter Loan Special
Don’t miss out on our Winter Loan Special! We are offering 25 BPS off all Purchase Loans, 30 BPS off all FNMA/FHLMC and more!
2021 Conforming County Loan Limits
The Federal Housing Financing Agency (FHFA) recently updated the conforming loan amount limits for all counties in the United States.
50 BPS Pricing Improvement on Government Loans
LoanStream has improved our pricing on Government Purchase and Refinance loans.
Planned Maintenance on Saturday, Dec. 5th: 8am – 2pm PST
LoanStream has scheduled planned Maintenance to the TPO Portal Saturday, December 5th from 8am – 2pm PST. Access to the portal will be available however limited access to our document upload page and access to documents will not be available.
Update COVID-19 Guidelines
We have updated our COVID guidelines as well to state Conventional loans will now require when an unaudited P&L is provided, 3 months business bank statements must be provided. We also must verify the business is open and operating within 20 business days of the note date.
FEMA Oregon Wildfire Update
The Federal Emergency Management Agency (FEMA) has issued a major disaster declaration for the State of Oregon. On November 16, 2020, Amendment No.3 was issued, FEMA announced an Incident Period End of Date of November 3, 2020.
Lock Desk Closed for Thanksgiving
The Lock Desk will be closed Thursday, November 26th, 2020, and there will be no rate sheet published. On Friday, November 27th, LoanStream will be open, with the Lock Desk closing at noon. We will resume normal business hours on Monday, November 30th.