Update to Programming FHA Informed Consumer Choice Disclosure Notice

Audit Type
Form Update

Update to the programming of the FHA Informed Consumer Choice Disclosure Notice (ICCDN.FHA) This is an annual update to the example numbers in the chart based on current interest rate FHA Loan • interest rate : 6% • monthly payment: $588.69 • insurance premium: $67.97 Conventional Loan • interest rate: 6% • monthly payment: $569.57

New Jersey High Cost Adjustment for 2026

Audit Type
High Cost Update
Notes

https://www.nj.gov/dobi/bulletins/blt26_01.pdf

The New Jersey Department of Banking and Insurance annually adjusts the definition of "high-cost home loan" under the Home Ownership Security Act of 2002 – the maximum principal amount of a loan that may be considered under this definition is $644,634 and is effective for all completed applications subject to the Act on or after January 1, 2026 (retroactive).

Update to Programming Loan Analysis

Audit Type
Form Update

Loan Analysis (266393.VA) updated on page 1 sections 19 "Maintenance & Utilities" and 21 "Total" as well as page 2 sections 42 and 43. This will only affect clients who input the housing maintenance cost into a special custom section instead of the proper Maintenance section. The form will now show and include in the total the amount. 

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