Week of Dec 21, 2009 Loan Program Updates All USDA Loan Programs (6205, 6210, and 6218) Bankruptcy must be discharged for 3 years. A Kroll credit report is required. The credit report may be ordered through the Shopping Cart....

Please return all closing packages to Direct Mortgage by 10:00 am Monday, Dec 28th to help ensure your loan funds by month end. Due to the Christmas Holiday, DMC will close early at 12:00 pm MST next Thursday, the 24th, and will be closed all of...

For files with FHA Case Numbers assigned on January 1st, 2010 or later, OR for files with an FHA appraisal that will be ordered on January 1st or later, the FHA Appraisal must be ordered by Direct Mortgage. Receive these benefits when DMC orders...

Week of Dec 14, 2009 Loan Program Updates All USDA Loan Programs A Kroll credit report is required. If an exception is requested the Kroll credit report must be uploaded in scanned images before the request will be reviewed. Changes to ALL...

Week of Dec 7, 2009 Loan Program Updates New Introduction – 6210 USDA Rural Housing Refinance Interest rate on new loan must be at least 1% lower than the existing rate. No loan can be refinanced unless 6 payments have been...