Updates and Announcements

18-19: 2nd 1003 NOT REQUIRED AT TIME OF REGISTRATION

Effective immediately, CBC will not be requiring the 1003 for the 2nd mortgage to be provided at the time of registration. The 1003 loan application will remain a required document, and will need to be uploaded with the closed loan files. Second mortgages are still required to be compliant with TRID Guidelines.

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All policy changes and updates are referenced below in the appropriate section of the Correspondent Seller Guide. These policy changes apply to everyone using the…
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CBC Mortgage Agency
NMLS: 1186381
912 W. Baxter Drive, Suite 150
South Jordan, Utah 84095

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The Chenoa Fund® program has not been reviewed or approved by HUD or FHA. This site is for information purposes and is used by licensed industry professionals. The site and the information contained therein is not a solicitation to lend money to consumers. For licensing information, go to: www.nmlsconsumeraccess.org. Illinois Residential Mortgage License #MB.6761292. Illinois Department of Financial and Professional Regulation, Division of Banking, 100 West Randolph, 9th Floor, Chicago, IL 60601 – 1-888-473-4858. Georgia Residential Mortgage Licensee, License # 1186381. The Chenoa Fund program is not currently offered in New York.

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