FHA Streamline Changes in Effect Monday, 9/17
Please review important changes to the FHA Streamline program.
Starting Monday, September 17th, 2012:
- An AVM is required on all FHA Streamline loans with FICO scores less than 640.
- The AVM will be ordered by a Carrington Junior Underwriter early in the process and included in loan file at time of underwriting.
- The LTV of FHA Streamline loans without an appraisal cannot exceed 115% of the value given on the AVM.
Contact your Account Executive with any questions.
View the complete detailed matrices on our Loan Products page