FLCBank Capital Markets Update
FLCBank has a few updates in regards to sun setting old policies and instituting new changes that reflect the current secondary market credit and pricing field.
February 8: a number of our Temporary COVID credit documentation overlays have been removed to reflect FNMA/FLHMC documentation and timing requirements. In addition, we have lowered our government minimum FICO score to 640. See matrix attached here.
Please click below to read the entire bulletin.