HELOAN-1 Program Updates
Announcement 2023 - 55
Effective 9/26/2023, MK Lending updated HELOAN-1 program guide. Please see following updates.
Announcement 2023 - Disaster Policy Update – Florida
Federal Emergency Management Agency (FEMA) announced a Major Disaster for the counties in Florida listed below due to Hurricane Idalia.
Reference: FEMA Announcement
Effective Date: August 30, 2023 to September 4, 2023
Designated Counties: Citrus, Dixie, Levy, Pasco, Pinellas, Taylor, Gilchrist, Jefferson, Lafayette, Madison, Suwannee, Columbia, Hernando, Hamilton, Manatee, & Sarasota
If the subject property is located in one of the designated counties above and the appraisal was completed on or before September 4, 2023 or did not require an appraisal, MK Lending Corp. will require an inspection report to determine the property’s condition using one of the following:
Announcement 2023 - Disaster Policy – Georgia
<Georgia Hurricane Idalia>
Federal Emergency Management Agency (FEMA) announced a Major Disaster for the counties in Georgia listed below due to Hurricane Idalia.
Reference: FEMA Announcement
Effective Date: August 30, 2023 to September 9, 2023
Designated Counties: Cook, Glynn, & Lowndes
If the subject property is located in one of the designated counties above and the appraisal was completed on or before September 9, 2023 or did not require an appraisal, MK Lending Corp. will require an inspection report to determine the property’s condition using one of the following:
Announcement 2023 - 53
SNQ EZ Program Updates
Effective 9/8/2023, MK Lending updated SNQ EZ program as follows: