Correspondent Lending California Fires Funding Suspension-Update-January 10, 2018

Subject: California Fires Funding Suspension—Update

Date: January 10, 2018

AIG will allow fundings for properties located in the following California counties where fires are at 100% containment:

  • Los Angeles
  • Riverside
  • San Diego

Properties located in these counties must include a re-inspection report to address fire damage and/or damage from mudslides and flooding currently impacting these areas.

Two California counties continue to be impacted by active fires, and will remain on the delayed funding list. Fundings for properties in the following two counties will be considered on a case-by-case basis with an acceptable re-inspection report:

  • Santa Barbara
  • Ventura

This announcement applies to all loans not yet purchased. Please contact Shane Larscheid, Vice President of Sales with any questions related to this announcement.

Thank you.