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Announcement

02.23.18 Announcement for VOE and Stated Program

1. Pricing Change – Base rate will increase from 4.5% to 4.75% effective for all Applications dated 3/1/18 and after.  All loans with application dates prior to 3/1/18 with a Base rate of 4.5% MUST fund on or before 3/9/18 due to investor delivery date changed.

2. Guideline Change – All Cash Out Refinance Transactions will require 12 months P&I in reserves regardless of LTV with Applications dated 3/1/18 or after.

01.15.18 "NEW" Guideline Dept.

"NEW" Guideline Dept.

Our Guideline team will assist you with guideline questions. Please email your guideline questions to guideline@mklending.com

01.10.18 Holiday Schedule Monday, January15, 2018

Our office will open regular business hours on Monday, January 15, 2018.

Lock desk will be closed on Monday, January 15, 2018.

01.05.18 Loan Program update

Loan Program update 01-05-2018

Loan program Piggyback has been retired due to lack of demand. Effective immediately.

If you have any question please contact locks@mklending.com

01.05.18 Scenario Helpline

Scenario Helpline

Scenario@mklending.com

Our Scenario Helpline team will assist you with underwriting scenarios, product and program questions, and MK Lending CORP Funding guideline clarification.

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