AC-016 Elite Express and Sapphire Jumbo Updates

NOTICE TO ALL CUSTOMERS

 

Elite Express and Sapphire Jumbo Updates

 

FLCBank informs all customers of recent updates posted on the Elite Express and Sapphire Jumbo loan products that are effective immediately.

 

Elite Express

  • Restricted Stock Units (RSU) Income can be used for qualifying purposes: To document the acceptability, history of receipt, documentation of continuance and calculation of income derived from RSU, the Underwriter must follow the requirement per the AUS being utilized.

 

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