Mega Capital Funding will offer Fannie Mae’s new refinance option – RefiNow – as part of our diverse product offerings. DU Refi Now Program highlights should include: Refi Now is exclusive to existing FNMA owned mortgages Will reduce borrower’s interest rate by .50 basis points Adverse LLPA waived $500 credit…

To our Broker Community and Correspondent Broker Partners, Effective February 26, 2021 – FEMA has declared Disaster Areas in major areas in Texas after the Ice Storms ravaged the state between 2/11 – 2/21. For Conventional and Government loans prior to funding- if the property is in a Declared Disaster…

To our Broker Community and Correspondent Broker Partners, The new MISMO 3.4 file will be required for all new loan submissions, starting Monday, 03/01/2021. Any file “opened/app date” on 3/1 and after will be the new ULAD MISMO 3.4. Files “opened/app” date 2/28 and before will be old 1003.  …