REMN has updated parameters for Platinum Pricing on government loans. These are effective immediately for newly submitted loans or pipeline loans that haven’t been locked.
REMN makes our government Platinum Pricing easy to follow, with minimal qualification requirements:
- Minimum FICO score must be 660+ for all borrowers on the loan (previously 680)
- Minimum loan amount of $125,000 for credit-qualifying loans
- Minimum loan amount of $250,000 for streamline loans
Platinum Pricing is available on the following products, purchase or refinance:
- FHA Credit Qualifying Streamline
- FHA Non-Credit Qualifying Streamline
As a reminder, Platinum Pricing is not available for VA IRRRLs.
New pricing is available on our rate sheet and in the Hub.
If you have any questions, please contact your Account Executive.
To download this announcement in PDF format click here.