Effective April 26th, 2019 FirstBank is exiting the non-agency/Jumbo Market. Any active loans that are not locked will need to be locked by 4pm EST on April 25th. All loans will need to close and fund by May 15th, 2019. They will not be allowing extensions so the May 15th date will be a hard cutoff. We are sorry for the short notice and for any inconvenience this may cause. FirstBank released the notice late Monday April 22nd.
Should you have any questions please direct them to secondary@vandykmortgage.com.
Thank you,