Author: VanDyk Mortgage

Hello Everyone,

As a reminder all disclosure requests for Initials and Redisclosures must be sent through LE Page 0 (Initials) and LE Page 4 (Redisclosures). Compliance is no longer accepting emailed requests at Compliance@vandykmortgage.com and will push any requests received back to the sender.

Please see the attached PDF and the link below for training on how to submit requests using LE 0 & 4.

https://vandykmortgage.ispringlearn.com/organization/1/view/23992-YfbdB-XgqEW-41C7U

Thank you to all those who are currently using this system and please let me know if you have any questions.

Thanks

LE 0 and 4 – How To

RETIREMENT PLAN PARTICIPANTS

On December 2, 2018, Transamerica implemented increased website security features on all accounts. We are improving security for our clients and you will be asked to verify and update your personal information and other account details as part of these enhancements.

In order to access your retirement account, you will need to register as a new user, if you have not done so already.
Register Here

Once you have completed the registration process, you can visit www.transamerica.com to access your account. 

Congratulations to Joe White & Tim Hart for being the Top Social Survey users in November 2018!

Important Announcement Chenoa (CBC Mortgage)

On January 1^st, 2019 Chenoa will expire its current published pricing and begin offering only one rate for each FICO band for each of their products.  This change will bring them in line with how other state housing finance agencies price their loans. You will still be able to see rates and lock through Optimal Blue, but it will show a par rate like below.

There are no other changes to the programs currently besides the change in how rates/pricing works on the first mortgage. You will still be able to charge standard fees and origination if it is within atr/qm points and fees test. There is no change to how the second mortgage rates are determined either (rate advantage 8% fixed 10-year term, HomeReady 2% above 1^st mortgage rate 10-year term). Should you have a loan in the pipeline that you wish to lock under the current pricing structure you will need to submit those for lock prior to 2pm EST on 12/31/18.

Should you have any questions or concerns please reach out to secondary@ vandykmortgage.com.