---
title: News + Updates | Plaza Home Mortgage | Plaza Home Mortgage (2)
description: Check out our latest news (2)
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# Plaza News + Updates

## Plaza Home Mortgage

![Plaza Home Mortgage](https://news.plazahomemortgage.com/hubfs/PHM-Clover-RGB_300x300.jpg)

### Recent Posts

## [Program Improvements: 550 FHA and VA FICOs](https://news.plazahomemortgage.com/newsupdates/new-lower-ficos-on-fha-and-va)

 Posted by [Plaza Home Mortgage](https://news.plazahomemortgage.com/newsupdates/author/plaza-home-mortgage) on June 17, 2022

[Plaza Home Mortgage](https://www.plazahomemortgage.com/?utm_campaign=Program%20Updates&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8EWQn7yHYXnDXQhd189nHfgkB9owq_1MyHOC6gH7YH48OTLjLrG0LY1YnFxxmssWF4ENiP)® is excited to share recent program improvements to help you provide borrowers more leverage in qualifying to meet their home finance goals.

Effective today, FHA and VA guidelines have been updated with reduced FICOs to 550 and an increased max LTV for cash-out on manufactured homes from 65% to 80%.

FHA and VA Update Details:

[Read More](https://news.plazahomemortgage.com/newsupdates/new-lower-ficos-on-fha-and-va)

 Topics: [Wholesale News](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-news), [Wholesale Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-program-updates), [National Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-news), [Plaza at a Glance](https://news.plazahomemortgage.com/newsupdates/tag/plaza-at-a-glance), [Non-Delegated Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-news), [National Correspondent Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-program-updates), [Non-Delegated Correspondent Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-program-updates)

## [Fannie Mae HomeView Counseling](https://news.plazahomemortgage.com/newsupdates/fannie-mae-homeview-counseling)

 Posted by [Plaza Home Mortgage](https://news.plazahomemortgage.com/newsupdates/author/plaza-home-mortgage) on January 21, 2022

Fannie Mae recently released [Fannie Mae HomeView](https://www.fanniemae.com/education?utm_campaign=Wholesale%20News%20%2B%20Updates&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8UiGC3iIQM8RdTNV3CnZ1wQFP6PexlO3LNhqD6sE7DasA-I-STgYB__JXmKRuqCQREA0o5)™, a new homeownership education course that aligns with National Industry Standards for pre-purchase homeownership education, and can be used to fulfill the education requirement for most mortgage products. HomeView is an online course offered free of charge. Plaza’s program guidelines have been updated to reflect [Fannie Mae HomeView](https://www.fanniemae.com/education?utm_campaign=Wholesale%20News%20%2B%20Updates&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8UiGC3iIQM8RdTNV3CnZ1wQFP6PexlO3LNhqD6sE7DasA-I-STgYB__JXmKRuqCQREA0o5) homeowner education program as an eligible source of counseling.

[Read More](https://news.plazahomemortgage.com/newsupdates/fannie-mae-homeview-counseling)

 Topics: [Wholesale News](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-news), [Wholesale Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-program-updates), [National Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-news), [Plaza at a Glance](https://news.plazahomemortgage.com/newsupdates/tag/plaza-at-a-glance), [Non-Delegated Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-news), [National Correspondent Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-program-updates), [Non-Delegated Correspondent Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-program-updates)

## [Big Updates to Jumbo](https://news.plazahomemortgage.com/newsupdates/updates-to-jumbo)

 Posted by [Plaza Home Mortgage](https://news.plazahomemortgage.com/newsupdates/author/plaza-home-mortgage) on December 10, 2021

Jumbo 1 Program Discontinuation

As we’ve said before, at [Plaza Home Mortgage](https://www.plazahomemortgage.com/?utm_campaign=Wholesale%20News%20%2B%20Updates&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz--u0-uk5TIfw9P-laUKmZGiBskZCIm2yKsFVJy2BFVj7LOfZJKi_HcVaVrmYx4o-3lb0yUN)® we are always working to keep things simple for our clients. As such, we will be discontinuing our Jumbo 1 program, effective December 27, 2021. We’re confident that Plaza’s Jumbo AUS 1 and Jumbo AUS 2 will provide eligibility for virtually all scenarios previously offered on Jumbo 1, and there will be no reduction in program coverage or price competitiveness.

[Read More](https://news.plazahomemortgage.com/newsupdates/updates-to-jumbo)

 Topics: [Wholesale News](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-news), [Wholesale Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-program-updates), [National Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-news), [Plaza at a Glance](https://news.plazahomemortgage.com/newsupdates/tag/plaza-at-a-glance), [Non-Delegated Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-news), [National Correspondent Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-program-updates), [Non-Delegated Correspondent Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-program-updates)

## [2022 Higher Conforming Limits!](https://news.plazahomemortgage.com/newsupdates/2022-conforming-limits)

 Posted by [Plaza Home Mortgage](https://news.plazahomemortgage.com/newsupdates/author/plaza-home-mortgage) on December 1, 2021

Available Now with Plaza – Can Close in 2021

[FHFA has announced](https://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Announces-Conforming-Loan-Limits-for-2022.aspx) the 2022 conforming loan limits: $647,200 for baseline and $970,800 for high-cost areas. Plaza is accepting the increased loan limits, effective immediately. Talk to your Plaza Account Executive for more info!

[Read More](https://news.plazahomemortgage.com/newsupdates/2022-conforming-limits)

 Topics: [Wholesale News](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-news), [Wholesale Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-program-updates), [National Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-news), [Plaza at a Glance](https://news.plazahomemortgage.com/newsupdates/tag/plaza-at-a-glance), [Non-Delegated Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-news), [National Correspondent Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-program-updates), [Non-Delegated Correspondent Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-program-updates)

## [New! Jumbo AUS 2 is Now Available](https://news.plazahomemortgage.com/newsupdates/jumbo-aus2)

 Posted by [Plaza Home Mortgage](https://news.plazahomemortgage.com/newsupdates/author/plaza-home-mortgage) on November 16, 2021

We’ve just rolled out another great Jumbo AUS option!  Now Plaza clients have [even more possibilities](https://info.plazahomemortgage.com/jumbo-programs) to offer your Jumbo borrowers the best price and more choices for qualifying. Our Jumbo AUS programs utilize agency AUS findings for streamlined doc requirements, plus:

[Read More](https://news.plazahomemortgage.com/newsupdates/jumbo-aus2)

 Topics: [Wholesale News](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-news), [Wholesale Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-program-updates), [National Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-news), [Plaza at a Glance](https://news.plazahomemortgage.com/newsupdates/tag/plaza-at-a-glance), [Non-Delegated Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-news), [National Correspondent Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-program-updates), [Non-Delegated Correspondent Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-program-updates)

## [We know New York – Visit our booth at 33rd NYAMB Conference and Tradeshow](https://news.plazahomemortgage.com/newsupdates/nyamb-2021)

 Posted by [Plaza Home Mortgage](https://news.plazahomemortgage.com/newsupdates/author/plaza-home-mortgage) on June 25, 2021

Plaza Home Mortgage® has been serving the Empire State for a long time, and we’ve learned a thing or two about the market in the process.

[Read More](https://news.plazahomemortgage.com/newsupdates/nyamb-2021)

 Topics: [Wholesale News](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-news), [Non-Delegated Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-news)

## [FHA Update: Student Loan Debt Policy](https://news.plazahomemortgage.com/newsupdates/fha-student-debt)

 Posted by [Plaza Home Mortgage](https://news.plazahomemortgage.com/newsupdates/author/plaza-home-mortgage) on June 22, 2021

FHA Update: Student Loan Debt Policy

[Plaza Home Mortgage](https://www.plazahomemortgage.com/)®`` is aligning with FHA student loan guidance as announced in the Mortgagee Letter [2021-13](https://www.hud.gov/sites/dfiles/OCHCO/documents/2021-13hsgml.pdf). The updated policy removes the current requirement that lenders calculate a borrower’s student loan monthly payment as 1% of the outstanding student loan balance for student loans that are not fully amortizing, or are not in repayment.

The new policy bases the monthly payment on the actual student loan payment, which is often lower, and helps home buyers with student debt meet minimum eligibility requirements for an FHA-insured mortgage.

This updated policy may be employed by lenders immediately but mandatory implementation is required for all case numbers assigned on or after August 16, 2021. Plaza will apply this policy immediately.

If you have questions on the updated FHA student loan debt policy please contact your Plaza Account Executive, or email us at hereforyou@plazahomemortgage.com.

[Read More](https://news.plazahomemortgage.com/newsupdates/fha-student-debt)

 Topics: [Wholesale News](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-news), [Wholesale Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-program-updates), [National Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-news), [Non-Delegated Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-news), [National Correspondent Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-program-updates), [Non-Delegated Correspondent Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-program-updates)

## [Quick Pricer](https://news.plazahomemortgage.com/newsupdates/quick-pricer)

 Posted by [Plaza Home Mortgage](https://news.plazahomemortgage.com/newsupdates/author/plaza-home-mortgage) on June 17, 2021

**Price Loans Faster with Quick Pricer**

[Read More](https://news.plazahomemortgage.com/newsupdates/quick-pricer)

 Topics: [Wholesale News](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-news), [Wholesale Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-program-updates), [National Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-news), [Non-Delegated Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-news), [Non-Delegated Correspondent Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-program-updates)

## [Introducing RefiNow](https://news.plazahomemortgage.com/newsupdates/introducing-refinow)

 Posted by [Plaza Home Mortgage](https://news.plazahomemortgage.com/newsupdates/author/plaza-home-mortgage) on June 15, 2021

**Expand Your Borrowers’ Refi Options**

[Read More](https://news.plazahomemortgage.com/newsupdates/introducing-refinow)

 Topics: [Wholesale News](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-news), [Wholesale Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-program-updates), [National Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-news), [Non-Delegated Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-news), [National Correspondent Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-program-updates), [Non-Delegated Correspondent Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-program-updates)

## [Wholesale Reverse Jumbo Improvements](https://news.plazahomemortgage.com/newsupdates/reverse-jumbo-improvements)

 Posted by [Plaza Home Mortgage](https://news.plazahomemortgage.com/newsupdates/author/plaza-home-mortgage) on June 15, 2021

**Better Interest Rates and Principal Limit Factors**

[Read More](https://news.plazahomemortgage.com/newsupdates/reverse-jumbo-improvements)

 Topics: [Wholesale News](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-news), [Wholesale Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-program-updates), [National Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-news), [Non-Delegated Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-news), [Non-Delegated Correspondent Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-program-updates)

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**Welcome to the Plaza Home Mortgage® News and Updates page. Here you can find the latest announcements, client updates, training and more from Plaza.** 

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