Counties in Texas have been declared by FEMA as Major Disaster Areas.
Incident Period Date: June 19, 2018
Major Disaster Declaration Date: July 06, 2018
Designated Disaster Areas: Cameron county and Hidalgo county
To view a complete list of FEMA disaster alerts in XLS format, click here: Annexure-I.
To view FEMA's recent update on TX, click here: FEMA.
SWMC Disaster Area Policy
For loans submitted with an appraisal dated 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 3.23) for more details.
6131 Orangethorpe Avenue, Suite 500
Buena Park, CA 90620
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.