As a reminder, an Undisclosed Debt Monitoring report, also known as a gap credit report, is required on all Non-Agency loans. The report must be dated no more than 10 days prior to the Note date and must reflect credit scores from three (3) credit bureaus. The report cannot be a soft pull credit report.
If you have any questions, please contact your Correspondent Specialist, Sales Executive/Correspondent Sales Representative, or contact us via the support line at 1-800-929-4744.
Thank you for your continued business.
Coming soon – PHH Mortgage is changing its name!
