Announcement: Now Lending in Delaware
LoanStream is excited to announce, effective immediately, we will be accepting loan submissions in Delaware.
Announcement: DPA Programs
CalFHA and Chenoa DPA programs suspended. We have temporarily suspended our DPA programs.
Announcement: Disaster Declaration for the State of South Carolina
On May 2, 2020 the Federal Emergency Agency (FEMA) has announced that federal disaster aid with individual has been made available in the state of South Carolina period of April 12th & April 13th.
Announcement: Communications Related to COVID-19
LoanStream has created this At-A-Glance to easily review recent COVID-19 communications.
Announcement: Improved Pricing on Government Loans!
We’ve made huge improvements on our Government Loan Programs.
Announcement: Lock Policy Update
Please note that we have relaxed our temporary policy to allow locks once the loan has been submitted and the initial disclosures have been reviewed and fully acknowledged by the borrower. Feel free to contact your AE with any questions.
Announcement: Initial Disclosures acknowledgement required prior to Submittal Milestone
The following will be required at Loan Set-Up prior to having a new loan application submitted into Underwriting (Submittal Milestone) for a credit decision effective on Wednesday, 04/22/20.
Announcement: Non-QM Updates
Non-QM Guidelines have changed effective 4/21/20
Announcement: CalHFA
LoanStream Announces the following changes to CalHFA:
Effective with all new Submissions 4/17 and after, the maximum DTI is now set at 43%
Updated Non-QM Matrix Available
Please advise, our Non-QM Matrix has been updated.