Information for Single-Family Lending and Real Estate Professionals
Program Announcement

April 27, 2012
Manual Updates Regarding Home Inspection

Manual updates have been posted to:

Important Changes

For all reservations made in the Mitas reservation system on or after June 1, 2012, a home inspection is required for on all properties unless a 1 year home warranty is provided by the builder. Please see update on page 4.4 of the House Key manual.

On the Pre-Closing Compliance Review Checklist, if the property is bank owned, the seller must sign the Acquisition Cost Form (15.11.1-2) upfront. The borrower must still continue to sign this form at loan closing.

If you have questions, please contact Lisa DeBrock at or 206-287-4461.


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