Bulletins
AC-015 FHA Important Updates ML 2025-15 & ML 2025-18
NOTICE TO ALL CUSTOMERS Important FHA Updates FLCBank is notifying customers of the recent changes published by the Federal Housing Administration (FHA) via Mortgagee Letters 2025-15 and 2025-18 which are effective immediately. Mortgagee Letter 2025-15, FHA rescinds the requirement for lenders to provide Borrowers the Supplemental Consumer Information ...
B-013 Updated AMC Pricing – Clear Capital
NOTICE TO: BROKERS IMPORTANT ANNOUNCEMENT: Updated AMC Vendor Pricing 2025 Effective today, July 8, 2025, and after, all appraisal orders placed in Mortgagebot LOS will have updated pricing for the AMC Vendor shown below: Utilize the updated fees when quoting the appraisal product fee for the Loan Estimate (LE) ...
NDC-005 Updated NDC Jumbo Appraisal Order Process
NOTICE TO: Non-Delegated Correspondents IMPORTANT ANNOUNCEMENT: Updated NDC Jumbo Appraisal Order Process FLCBank has updated the Jumbo Products Appraisal Order Process with updated vendor fees. Effective July 8, 2025, all appraisal orders placed on the Clear Capital website will have updated pricing. Utilize the updated fees when quoting the ...
R-003 Fannie Mae Approved Projects and Desktop Underwriter (UI) Integration
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 ...
NDC-004 Fannie Mae Approved Projects and Desktop Underwriter (UI) Integration
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 ...
B-012 Fannie Mae Approved Projects and Desktop Underwriter (UI) Integration
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 ...
AC-014 FHA Multi-Factor Authentication & VA Trending Data Requirements
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 ...
B-011 Quarterly Broker Compensation 2025
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 ...
NDC-003 UCDP Update and Appraisal Sharing
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 ...
AC-013 Important Conventional Credit Updates
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) ...
B-010 HELOC Second Mortgage Update
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 ...
R-002 HELOC Second Mortgage Update
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 ...
B-009 Closed End Second Mortgage Update
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 ...
R-001 Closed End Second Mortgage Update
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 ...
AC-012 Resuming Jumbo Financing in Maryland
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 ...
