Bulletin 2023-025 Agency LLPA Waivers - Update
Effective Monday, March 20, 2023, the following Duty to Serve (DTS) options will be available on the client portal. The Agency LLPA Waiver will automatically be applied for Best Efforts commitments when locking the loan. Clients must select the AMI Percentage with the appropriate DTS option:
- Manufactured Homes
- High Needs Rural Property
- Rural Tract Property originated by Small Financial Institutions
Note: The loan must meet the eligibility requirements at the time the loan is purchased in order for the improved pricing to be applicable.
Agency LLPA Waivers on bulk loan delivery will be coming soon.