**** NEW SCORE REQUIREMENTS FOR FHA *****

EFFECTIVE END OF BUSINESS ON MONDAY FEBRUARY 9TH:

MINIMUM FICO FOR "APPROVE ELIGIBLE" FILES IS 620

MINIMUM FICO FOR "REFER" FILES IS 680

ALL LOANS NOT MEETING THE ABOVE REQUIREMENTS MUST HAVE THE PACKAGE SUBMITTED TO ME BY 3:00 P.M. ON MONDAY FEBRUARY 9TH. THE RATE DOES NOT HAVE TO BE LOCKED.

IF YOU HAVE A LOAN THAT IS UNDER THESE SCORES, PLEASE GET IT TO ME QUICKLY ON MONDAY.

REMEMBER THAT YOU DO NOT HAVE TO HAVE AN APPRAISAL WITH THE FILE IF:

1. APPROVE/ELIGIBLE FINDINGS
2. PURCHASE WITH APPROVE/ELIGIBLE AND FULLY EXECUTED PURCHASE CONTRACT

LET'S GET THEM IN QUICK!!!

Bonnie Weigand
Equifirst Account Executive
904-476-5160 cell
704-625-6811 fax
bweigand@equifirst.com

Loan officer training February 11th 4-5 PM EST

Weekly Loan Officer Training is Wednesday from 4-5 EST.

Just follow this link ...

http://faq.reversevision.com/doku.php?id=training


Eric Colburn
ReverseVision
3310 Pollock Pl
Raleigh, NC 27607
919 834 0070
eric@reversevision.com

Thanks,

Jeremy Shadrick
Visit us at: www.reverseit.com

phone: 918.477-7771
cell: 918.852.4431
fax: 866.460.7972
9175 S. Yale Ave. Ste 300
Tulsa, OK 74137