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.
"NEW" Guideline Dept.
Our Guideline team will assist you with guideline questions. Please email your guideline questions to email@example.com
Our office will open regular business hours on Monday, January 15, 2018.
Lock desk will be closed on Monday, January 15, 2018.
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 firstname.lastname@example.org
Our Scenario Helpline team will assist you with underwriting scenarios, product and program questions, and MK Lending CORP Funding guideline clarification.