FHA and USDA Product Profile Updates
NewRez LLC "NewRez" Approved Correspondent Clients: please note that the FHA and USDA Product Profiles have been updated to reflect the following clarifications and changes.
- Non-owner occupied properties are permitted for FHA Streamline Refinances
- USDA Streamline Refinance Type is ineligible. (Streamline-assist refinance is eligible)
- 2021 Maximum mortgage loan limits have been updated.