Bulletins

NOTICE TO ALL CUSTOMERS   Important Conventional Credit Updates   This bulletin provides a summary of important updates being made to several sections of FLCBank’s conventional underwriting guidelines. Fannie Mae and Freddie Mac Interested Party Contributions (IPCs) The GSEs announced updates to their definitions related to Interested Party Contributions (IPCs) ...

NOTICE TO BROKERS:   HELOC Second Mortgage Update Check out the new credit score, loan amount limits and maximum HCLTV for Primary Residence occupancy in our HELOC Second Mortgage Product. CLICK HERE TO DOWNLOAD THE COMPLETE BULLETIN ...

NOTICE TO RETAIL LOAN ORIGINATORS   HELOC Second Mortgage Update Check out the new credit score, loan amount limits and maximum HCLTV for Primary Residence occupancy in our HELOC Second Mortgage Product. CLICK HERE TO DOWNLOAD THE COMPLETE BULLETIN ...

NOTICE TO BROKERS:     Closed End Second Mortgage Updates   FLCBank is increasing the minimum loan amount to its Closed End Second Mortgage Combo/Piggyback from $10,001 to $25,000 effective with new loans locked/submitted on or after May 31, 2025. The minimum loan amount to Closed End Standalone Second Mortgages ...

NOTICE TO RETAIL LOAN ORIGINATORS     IMPORTANT ANNOUNCEMENT: Closed End Second Mortgage Updates FLCBank is increasing the minimum loan amount to its Closed End Second Mortgage Combo/Piggyback from $10,001 to $25,000 effective with new loans locked/submitted on or after May 31, 2025. The minimum loan amount to Closed End ...

NOTICE TO ALL CUSTOMERS   Resuming Jumbo Loan Financing in Maryland   Great News! FLCBank has resumed financing properties located in the State of Maryland under the Elite Express, Gold, Preferred and Sapphire Jumbo Products. CLICK HERE TO DOWNLOAD THE COMPLETE BULLETIN ...

NOTICE TO ALL CUSTOMERS   Conventional 2025 Area Median Income (AMI) Limits, Condominium Project Review Updates and Other Reminders   FLCBank is notifying customers of the recent updates published by Fannie Mae and Freddie Mac around various topics, changes to FLCBank’s Condominium Project Review Submission and reminds customers the date ...

NOTICE TO ALL CUSTOMERS Non-Permanent Resident Alien Eligibility – Conventional and FHA FLCBank notifies customers of the recent updates made on the loan programs listed below: CLICK HERE TO DOWNLOAD THE COMPLETE BULLETIN ...

NOTICE TO BROKERS:   Action Required – 2025 Semi-Annual Review Process: FLCBank performs annual reviews on all active approved customers in all channels. To ensure a timely review and avoid an interruption in service, please provide the following documents no later than the close of business Wednesday, May 7, 2025 ...

NOTICE TO ALL CORRESPONDENTS AND NON-DELEGATED CORRESPONDENTS   Action Required – 2025 Semi-Annual Review Process:   FLCBank performs semi-annual reviews on all active approved customers in all channels. To ensure a timely review and avoid an interruption in service, please provide the following documents no later than the close of ...

NOTICE TO ALL CUSTOMERS   Conventional, FHA and VA Products and Important Reminders   FLCBank is providing customers with various loan program changes and reminders. CLICK HERE TO DOWNLOAD THE COMPLETE BULLETIN ...

NOTICE TO:  Broker   Fee Entry Update: Fee Entry Service Screen FLCBank is excited to announce a streamlined Fee Entry submission process. A Fee Entry request form is no longer required to be answered and uploaded. Instead, a new screen has been created in MortgageBot that contains this information and ...

NOTICE TO:  Broker   IMPORTANT ANNOUNCEMENT: Updated AMC Vendor Pricing 2025 Update: March 24, 2025, we have updated the Clear Capital pricing as one product was omitted by the vendor in error.  The information below was released on February 12, 2025, and is still applicable.  The link below contains the ...

NOTICE TO ALL CUSTOMERS   Freddie Mac Rental Income Updates FLCBank informs customers of the recent credit updates published by Freddie Mac via Bulletin 2025-1 updating the requirements for the use of rental income from: A non-subject investment property purchased or placed in service in the current calendar year or ...

NOTICE TO BROKERS   FLCBank 2025 Compensation Policy and Changes to Compensation   FLCBank allows adjustments to compensation once a quarter; four total adjustments per calendar year. Any requests submitted on the wrong form or without a reason included will not be accepted. Upcoming Compensation Adjustment Date:   To make ...