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Lender Regional Trainings - Paperless Process, TRID, and Special Funding
Kentucky Housing Corporation (KHC) Single-Family Programs will offer regional lender trainings across the state in June 2015. Join us to learn how to utilize KHC mortgage products to serve your home buying clients!
Tuesday, June 9, 2015
10 a.m.-noon ET
Greater Louisville Association of Realtors
6300 Dutchmans Parkway
Louisville, KY 40205
Wednesday, June 10, 2015
10 a.m.-noon ET
Lexington Bluegrass Association of Realtors
2250 Regency Road
Lexington, KY 40503
Tuesday, June 16, 2015
10 a.m.-noon ET
Northern Kentucky Association of Realtors
7660 Turfway Road, Suite 100
Florence, KY 41042
Tuesday, June 23, 2015
10 a.m.-noon CT
Southern Kentucky Association of Realtors
180 W. Professional Park Court
Bowling Green, KY 42104
Thursday, June 25, 2015
10 a.m.-noon CT
Greater Owensboro Realtor Association
2850 Farrell Crescent
Owensboro, KY 42303
To register for any of these classes, please visit the Homeownership Calendar, available on KHC's website, under Lenders.
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Reports Now Available
Reports are now available for lenders to track their closing and legal issues. Lenders will now have access to reports by logging into KHC's Loan Reservation System, selecting reports, and post-closing issues. Next, lenders enter the Broker ID and date perimeter. Please note, if the corporate office Broker ID is entered, it will show ALL loans. Otherwise, if the branch Broker ID is entered, only loans for that specific branch will show. This report combines both the closing and legal issues.
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Underwriting Turn-Times
KHC thanks you for your business and support! Due to high volume, minimum new file turn-time is three days from receipt of file and pended files minimum turn-time is two days from receipt of conditions. As a reminder, all pend conditions and underwriting questions must be sent to khcuw@kyhousing.org. KHC requests that all pend conditions are sent at the same time.
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Paperless Solution Coming Soon
As announced during the Annual Lender Luncheon, KHC is partnering with Virpack to become paperless. KHC staff are now in the testing phase and look forward to partners uploading documents electronically later this spring! KHC will send instructions to lenders, including steps to configure KHC's specific order of documents, for the paperless system. Stay tuned to eGrams for more information!
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