Back to top

Lender Alerts

Lender Alerts

Sun West Logo

FEMA Disaster Area Update

Dear Valued Partner,

New counties in Illinois have been declared by FEMA as Major Disaster Areas.

Incident Period Date: April 16, 2013 to May 5, 2013

Designated IL Disaster Areas: Cook County, DeKalb County, DuPage County, Fulton County, Grundy County, Kane County, Kendall County, La Salle County, Lake County, McHenry County and Will County.

To view a complete list of FEMA disaster areas in XLS format, click here: Annexure-I.

To view FEMA's recent update on Illinois, click here: FEMA.

SWMC Disaster Area Policy

For loans submitted with an appraisal on or before the incident period end date or for those submitted without an appraisal, Sun West will require an interior and exterior inspection prior-to-funding or purchase of any loans with subject properties that are determined to be at risk. The inspection must verify that the property is sound, habitable and in the same condition as when it was appraised.

Our partners can access Sun West Seller Guide under HELP section in SunSoft®. Please refer to Sun West Forward Mortgage Seller Guide (Section 404.07) and Sun West Reverse Mortgage Seller Guide (Section 4.23) for more details.


• Only licensed and state certified appraisers may be used to complete the inspections.
• If there is any damage to the property, the repairs must be completed prior to SWMC closing/purchasing the loan.
• For VA IRRRLs, VA does not permit the Veteran to be charged for the Appraisal Fee.

If you have any questions, please contact your Account Executive at (855) OK-SUNWEST or (855) 657-8693.


Sun West Mortgage Company, Inc.
18303 Gridley Road
Cerritos, CA 90703
Phone: (800) 453-7884

This information is provided to licensed brokers/lenders only and may not be copied or distributed to customers or potential customers. All loans are subject to approval. Certain restrictions may apply. Listed pricing is a morning indication only. Program rates, prices, guidelines, fees, costs, terms and conditions are subject to change without notice.

Sun West Mortgage Company, Inc. (NMLS ID 3277) in California holds a Finance Lenders Law License (#6030119), a Finance Lenders Law Branch License (#603I424) for the Scottsdale, AZ Branch Office (NMLS ID 359295), a Finance Lenders Law Branch License (#603I428) for the Corona, CA Branch Office (NMLS ID 363427), a Finance Lenders Law Branch License (#603J810) for the Guaynabo, Puerto Rico Branch Office (NMLS ID 516931), and a Finance Lenders Law License (#603K256) for the Cerritos, CA Branch Office (NMLS ID 1031622) approved by the California Department of Corporations, Phone: (866) ASK-CORP, and a DRE Real Estate Corporation License (#00793885), DRE Branch License Endorsements for the Corona, CA (NMLS ID 363427) and Cerritos, CA (NMLS ID 1031622) Branch Offices approved by the California Department of Real Estate, Phone: (877) 373-4542. Please refer to and to see where Sun West Mortgage Company, Inc. (NMLS ID 3277) is a licensed lender and servicer. In all jurisdictions, the principal (Main) licensed location of Sun West Mortgage Company, Inc. is 18303 Gridley Road in Cerritos, CA 90703, Phone: (800) 453-7884.

  Equal Housing Opportunity