NEW VVOE Requirements
Due to the COVID-19 virus, the policy on VVOEs will be temporarily adjusted as follows:
- REVISED! VVOE prior to closing is required 7 days prior to the Note Date
- REVISED! A SECOND VVOE will be required within 24 hours of disbursement
- Funding Authorizations will be required on ALL loans
This policy applies to all loans. The Fairway Team asks you to plan ahead and be available to assist with VOEs. The use of Fairways Verbal VOE Job Aid will help cut down on the timeframes to complete the required VOE.
Please contact your Regional Account Manager should you have any questions related to this Client Announcement.
Client Announcement 2020-04-08