Loanzify Implements New SCIF Requirements for GSE's


loanzify impletments new SCIF requirementsGSEs Fannie Mae and Freddie Mac announced that all new conventional loans will now require a Supplement Consumer Information Form (SCIF). The deadline to remain compliant is March 1, 2023.

The purpose of SCIF is to help lenders collect critical language preference information necessary for the borrower’s homeownership education and housing counseling.

As always, at LenderHomePage, we are committed to being ahead of the curve to help you remain compliant.

As such, we preemptively updated our Loanzify application to meet the new SCIF requirements.

LenderHomePage Loanzify SCIF requirement 2023

For additional questions, please contact your Senior Account Executive.

* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.