May 15, 2014

REMN Wholesale is pleased to announce that effective May 15, 2014 REMN Wholesale will offer a 3/1 ARM on the FHA/FHA Streamline and VA/VA IRRRL programs.

The following applies to the 3/1/ ARM:

  • One year Treasury index
  • Caps: 1/1/5
  • Margin/Floor: 2.00

The 3/1 ARM is qualified at the Note rate.

The FHA/FHA Streamline and VA/VA IRRRL matrices have been updated with this information and posted on the REMN Wholesale website at www.remnwholesale.com.

If you have any questions, please contact your Account Executive.