Wholesale ALERT – Underwriting Fee Updates

Wholesale ALERT – Underwriting Fee Updates

 

Effective for loans registered on or after November 3, 2023, Arc Home is increasing the Wholesale Underwriting fees as highlighted in the table below.

 

Product

Previous Fee

New Fee

·    Fannie Mae

·    Freddie Mac

·    FHA*

·    VA*

·    USDA*

 

*See below for Streamline/IRRRL pricing

$950

$1,150

·    Conventional 30 Year Fixed Rate Investment Property

·    FNMA/FHLMC 30 Yr Fixed Second Home

·    FNMA/FHLMC 30 Yr Fixed Investment

$950

$1,150

·    FHA Streamline

·    USDA Streamlined Assist

·    VA IRRRL

$495

$645

·    Jumbo Express

·    Jumbo Prime

$1,075

$1,275

·    Arc Access Non-QM

·    Arc Elite QM

$1,495

$1,495

 

The fee schedule of the Arc Home Wholesale Important Information document will be updated on the website soon.