Locking Rules and Greyhawk Self-Insurance

Locking Rules

Effective immediately for all new lock requests Rate will now be restricting 7 day locks to Purchase transactions only.  Purchase transactions still can be locked for periods longer then 7 days.  Refinance transactions must be locked for at least 15 days if not longer.

Greyhawk Self-Insurance

           Effective immediately the Self-Insurance option for Greyhawk will now have a max LTV of 90%.  We will also no longer be accepting new locks or submissions for Interest Only or Cash Out transactions as well.

 

Please feel free to contact your VP of Wholesale Lending or the Commitment Desk for further clarification if needed.

Thank you for your continued business!!