Dear Valued Partners,
As we have seen an increase in loans being transitioned to Generation Mortgage that were originated with another lender's required forms and/or UW practices, conditional approvals include many more conditions than customary. Additionally this has caused an increase in our UW turn times and condition review process as well.
Our Sponsor ID for the FHA connection is: 1907900003
Our Mortgagee Clause is as follow:
Generation Mortgage Company, ISAOA
3 Piedmont Center, Suite 300
Atlanta, GA 30305-1538