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Chapter 3 Mortgage Loan Programs
The most current products and product guidelines may be accessed via the PHH Mortgage Correspondent Lending website.
Refer to PHH Product Listings for availability of Temporary Buydowns

Resources > FAQ > CHAPTER-3-MORTGAGE-LOAN-PROGRAMS > CHAPTER-3-MORTGAGE-LOAN-PROGRAMS

4.3 Lock Confirmation
For all commitment types a lock confirmation is PHH written communication to the Client confirming that the Client’s commitment request is accepted. The lock confirmation outlines the additional terms and conditions applicable to PHH potential...

Resources > FAQ > 4-1-Flow-Registration > 4-3-Lock-Confirmation

4.4 Rate Lock Extensions
The Client may request rate lock extensions via email to Ratelock@PHHMortgage.com .
PHH may...

Resources > FAQ > 4-1-Flow-Registration > 4-4-Rate-Lock-Extensions

4.8 Rate Negotiations
Rate negotiations are not available.

Resources > FAQ > 4-1-Flow-Registration > 4-8-Rate-Negotiations

4.9 Repurchase of Loans and Indemnification by Seller
Upon the occurrence of any of the following events, the Client shall immediately repurchase the related loan at the repurchase price and shall indemnify, save and hold harmless PHH and its officers, directors, agents, successors and assigns, from...

Resources > FAQ > 4-1-Flow-Registration > 4-9-Repurchase-of-Loans-and-Indemnification-by-Sel