JMAC's Credit Policy was updated with the following changes.
Effective immediately, the expiration date on the Credit Policy was extended from 90 days to 120 days on our conventional products.
For Soft Credit Pulls, the age of Soft Pull cannot exceed 15 Calendar days.
For Jumbo and Non-Agency Loans, updated the language regarding the types of credit reports we receive.
If you have any questions, please contact your JMAC Account Executive.
Click here to view the Credit Policy.