Plaza News + Updates

Our full training calendar for the month of May is now available. Please follow the link to see a complete list of all of our upcoming training courses. As always, all of our trainings are complimentary and once you register, even if you miss the training, you will receive an email link to the training to view at your convenience.

We are happy to announce to our clients that, effective immediately, Plaza Home Mortgage^® is once again offering the VA Renovation loan program!

Funding on Your Schedule, Even After-hours and Weekends

Plaza is now offering our popular Reverse Jumbo program in New York and Nevada in addition to 16 other states. Reverse mortgages can be a great way to expand your business’s portfolio and tap into a rapidly growing market. And with Plaza’s dedicated Reverse Lending Division to help you every step of the way, you can be confident offering the program. Contact your Plaza Account Executive or visit our reverse mortgage page for more information.

Reverse mortgages are now back in New York. If you’re not currently set up to offer these powerful programs to seniors in your market, visit our reverse mortgage page or talk to your Plaza Account Executive today to learn how easy it is with Plaza.

Our full training calendar for the month of April is now available. Please follow the link to see a complete list of all of our upcoming training courses. As always, all of our trainings are complimentary and once you register, even if you miss the training, you will receive an email link to the training to view at your convenience.

Plaza Home Mortgage^® is making it easier to qualify more borrowers with reduced minimum FICO requirements for our FHA, VA and USDA programs! For these core loan programs, the new minimum FICO has been lowered to 600 for FHA and VA and 620 for USDA. We have also updated our popular FHA 203(k) program, which combines financing for the purchase or refinance of a home and its renovation into a single loan, to have a new reduced minimum FICO of 620.

We are reminding our clients that, pursuant to HUD requirements, FHA case numbers assigned on or after March 22, 2021, will require the revised HUD 92009-A form on all Single-Family Forward Mortgages and Home Equity Conversion Mortgages (HECM). Plaza’s BREEZE LOS already supports the new 92009-A form, and can also generate and deliver the new 1003, plus typical broker disclosures, quickly and easily.

Join Plaza’s Jeff Leinan, EVP National Wholesale Production, and NAMB President Kimber White for an insightful discussion about the current and future state of the #mortgage market on Facebook Live, on Tuesday, March 16, at 9AM PT / 12PM ET.

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