As you are aware our industry today is very different than it was a month ago; that being said, tough times call for tough actions and decisions. We at PCF Wholesale are committed to providing you with great products, service, and helping you fund more loans than ever before. Therefore, some changes have been necessary.
Effective as of this email, the minimum FICO score for government loans (FHA & VA) will be 680.
We will start allowing pre-locks as of Monday, April 6, 2020.
In addition, we have lowered our fees for FHA Streamlines & VA IRRRL’s to $195, Full doc loans to $995.
We are committed to being your number one lender and are working harder than ever to earn your business. Please be sure to check out our pricing on Monday as we think you will be VERY HAPPY with what you see!
If you have questions please reach out to your AE. Stay safe and have a great weekend!
We received your scenario. Our current response time is 2 to 6 hours, and may carry over to the next business day depending on the time submitted.
For more immediate answers, please contact your AE.