Bulletins

NOTICE TO RETAIL LOAN ORIGINATORS   Fannie Mae Approved Projects and Desktop Underwriter (DU) Integration    Great news! Desktop Underwriter (DU) will now provide Condominium Project information from Fannie Mae’s Condo Project Manager (CPM) in the Property and Appraisal Information section of the DU Underwriting Findings report starting with new DU ...

NOTICE TO NON-DELEGATED CORRESPONDENTS   Fannie Mae Approved Projects and Desktop Underwriter (DU) Integration    Great news! Desktop Underwriter (DU) will now provide Condominium Project information from Fannie Mae’s Condo Project Manager (CPM) in the Property and Appraisal Information section of the DU Underwriting Findings report starting with new DU loan ...

NOTICE TO BROKERS   Fannie Mae Approved Projects and Desktop Underwriter (DU) Integration    Great news! Desktop Underwriter (DU) will now provide Condominium Project information from Fannie Mae’s Condo Project Manager (CPM) in the Property and Appraisal Information section of the DU Underwriting Findings report starting with new DU loan submissions ...

NOTICE TO ALL CUSTOMERS   Important FHA and VA Updates   FLCBank is notifying customers of the recent updates published by the Federal Housing Administration (FHA) and the Department of Veterans’ Affairs (VA). FHA Multi-Factor Authentication for FHA Connection Users FHA announced via FHA Infor 2025-23 of its implementation of ...

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 ...

NOTICE TO NON-DELEGATED CORRESPONDENTS   Refreshed UCDP – Impacts Appraisal Sharing Freddie Mac and Fannie Mae announced a refreshed Uniform Collateral Data Portal (UCDP) user interface (UI) will take place tomorrow June 14, 2025. The new user interface (UI) is designed to enhance the overall user experience and streamline navigation ...

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 ...