Weekly Update July 27th - July 31st. 2009

 

 

Friday, July 31, 2009

 

To all Approved MetLife Brokers

 

 

Weekly Product Updates for the Week of July 27th – July 31st

 

The following products have been updated:

 

FHA Fixed and ARMs

Effective Immediately

Loan Amount

• Loans using the 2009 Temporary Loan Limits, if greater than the permanent loan limits, must close and disburse on or before November 30, 2009.
  • The final close/disbursement date will apply unless HUD issues an extension of the 2009 Temporary Loan Limits
  • The permanent loan limits used for identifying loans subject to the November 30, 2009 final close/disbursement date will be available upon receipt of an official HUD announcement confirming the new 2010 maximum loan limits.
  • The December 31, 2009 final close/disbursement date announced on March 13, 2009 has been modified as stated above.

 

Reminder

Age of credit docs. effective with applications

signed and dated on or after September 1st. 2009

 

Good for 60 days at time of final approval … written VOE,  Pay Stubs and VOD/Bank Statements

90 days at time of Closing

 

Credit Report and Prelim good for 90 days at time of Final Approval/Closing

 

Subject to change without prior notice and

is for use by MetLife Approved Broker’s

 

Today is the last day to take advantage of our July Purchase Special ...

 

Rita Kama-Kimura

Wholesale Account Representative

Metlife Home Loans

(808) 275-8006 Direct       

(808) 864-0520 Cell

(800) 499-0488 Toll free

E-Mail:  rkkimura@metlifehomeloans.com

Please note that effective Aug. 3rd. my new e-mail address will be changed to: rkamakimura@metlife.com

 

Confidentiality notice:
This e-mail message, including any attachments, may contain legally privileged and/or confidential
information. If you are not the intended recipient(s), or the employee or agent responsible for delivery
of this message to the intended recipient(s), you are hereby notified that any dissemination,
distribution, or copying of this e-mail message is strictly prohibited. If you have received this message
in error, please immediately notify the sender and delete this e-mail message from your computer.