ANNOUNCEMENT SENT ON 07/12/19
As of 9/1/2019 we will be updating the program guidelines for CBC Mortgage Agency regarding Mortgage Insurance Certificates (MICs). A copy of the Mortgage Insurance Certificate, will be required within 30 days of the closing date. If we do not have this a roll fee will be assessed of .025 bps per day.
UPDATED ANNOUNCEMENT SENT 7/15/19
Announcement 1:
Please Note: There have been some changes made to the below announcement. As of 9/1/2019 we will be updating the program guidelines for CBC Mortgage Agency regarding Mortgage Insurance Certificates (MIC’S). A copy of the Mortgage Insurance Certificate, will be required within 30 days of the Note date. If we do not have this a roll fee will be assessed of .025 bps per day.
Announcement 2:
We have updated our program guidelines. You will find the most recent version of the Program Guidelines on CBC Mortgage Agency’s Website.