Dear Business Partner,
Your borrowers may now obtain an FHA loan on properties acquired by the Seller in the last 90 days. Please refer to HUD waiver on the 90-day flip rule at below link for complete details.
Please note that this waiver is available for all transactions where the Purchase Contract has been executed on or after February 1, 2010.
If you have any questions, please contact your Account Executive at (800) 453-7884.
Sun West Mortgage Company, Inc.
Sun West Mortgage Company, Inc. is licensed by the Department of Corporations under the California Residential Mortgage Lending Act and holds a California Finance Lender License (603 0119) and a Corporation Real Estate Brokers License (00793885). Refer to www.swmc.com to see where SWMC is a licensed lender. In all states, the principal licensed office of Sun West Mortgage Company, Inc. is 18303, Gridley Road in Cerritos, CA 90703; Toll Free: (800) 453-7884. All Sun West programs are subject to change without notice.