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TPO – FEMA – New Mexico Disaster Area List Update

May 6, 2022 FEMA announced a Major Disaster Declaration for New Mexico (5/4/2022) with an incident period of 04/05/2022 and continuing. Please refer to the Disaster Area Policy for inspection requirements and the full list of the disaster areas attached for reference.

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TPO – FEMA – New Mexico Disaster Area List Update

May 6, 2022 FEMA announced a Major Disaster Declaration for New Mexico (5/4/2022) with an incident period of 04/05/2022 and continuing. Please refe...

Wholesale and Non-Delegated – Lock and Shop NOW Available!

Effective April 19, 2022 On Q Financial is pleased to announce that effective today, April 19, 2022, customers will have the option to lock a TBD p...

Wholesale – Credit Policy – New Conventional Product Enhancement – Wholesale IQ

Effective April 19, 2022 On Q Financial, Inc is pleased to announced a new product enhancement for our standard conventional loan product. Wholesal...

Correspondent – Credit Policy – Ineligible State (New York)

Effective Immediately On Q Financial, Inc is no longer accepting new registrations or lock requests (Best Effort/Mandatory) for all subject propert...

Correspondent – C2C Transactions and Trailing Documents

As a reminder we have specific procedures for C2C transactions and Trailing Documents. Below are the Requirements outlined within our Selling Guide...

Wholesale – Credit Policy – Revised Overlays

Effective Immediately On Q Financial has updated our overlays to add, remove and clarify certain scenarios. Below is an overview of the changes tha...

Correspondent – Credit Policy – Revised Overlays/Selling Guide Update

Effective Immediately On Q Financial has updated our overlays to add, remove and clarify certain scenarios. Below is an overview of the changes tha...

TPO – Credit Policy – Freddie Mac Bulletin 2022-5

Effective March 2, 2022 This notification is to identify that On Q Financial, Inc will align with all updates issued in Freddie Mac’s Bulletin 2022...

CORRESPONDENT – Credit Policy – UCD Critical Edits Phase 2 Rev.

Effective March 31, 2022 Updated March 17, 2022 Starting July 31, 2021, Fannie Mae and Freddie Mac began converting certain UCD edits from “warning...

CORRESPONDENT – Selling Guide Revisions – Servicing Updates/Payment Options

Effective 3/1/2022 This notice is to identify NEW changes within the On Q Financial Selling Guide. On Q Financial’s Selling Guide revisions and upd...