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Information for Single-Family
Lending and
Real Estate Professionals
Program Announcement
January 23, 2017
Temporary Suspension of Conventional Home Advantage Loans
Extended
Dear Lending Partners:
The Commission has evaluated the backlog of loans at ServiSolutions and has determined to extend the suspension of Conventional Home Advantage Loans through February.
During this time we will continue to accept conventional Home Advantage reservations on a case by case basis. Please have your corporate office provide written approval to Lisa DeBrock at lisa.debrock@wshfc.org if an exception is needed. The Commission will continue to accept government Home Advantage loan reservations and House Key loan reservations without interruption.
We will continue to monitor the situation and will send you an update by the end of February.