GTG Weekly Guideline Alert 2026-10-26

Two must-knows this week, plus lender notes and watch dates:

• Freddie Mac LPA October 2026 changes, live Oct 25. New per-borrower credit score messages (FCL0452/FCL0453) replace the old ones; messages repeat for each borrower and each score model. VantageScore 4.0 loans must get an Accept risk class; VantageScore 4.0 is not eligible for manually underwritten loans. Mixing score models across borrowers on the same loan is a hard stop. Condo Project Not Eligible messages now include the reason, so LOs can act without a follow-up call. Construction-to-perm loans: LPA auto-requests a credit report reissue and extends its expiration. Coming Nov 21, 2026: the LPA feedback certificate Credit Report Details will show all credit models submitted. LO action: check LPA messages borrower by borrower and model by model; do not mix score models across borrowers; do not submit a VantageScore 4.0 loan for manual underwriting; use the stated condo reason to clear the condition. (credit scores library · Freddie LPA October 2026 release notes)
• UAD 3.6: final week before the Nov 2, 2026 UCDP mandate. Lenders not ready can request a one-time exception to May 2027; FHA still optional. LO action: confirm the lender’s accepted format before ordering the appraisal; close out the old 2.6 pipeline early. (appraisals library)

Lender notes: AD Mortgage says VantageScore 4.0 is rolling out “shortly” on all products (AE projection, no formal go-live notice yet; confirm with the AD desk before pricing on a VantageScore pull); Averra Memo 2026-081 (locks on/after Oct 22): Flex NQM enhancements — unlimited cash-out at 65% LTV or less, primary cash-out to $2.5M at 75% LTV with 720 FICO, second homes to $3M, DSCR down to 0.75, first-time investors can do cash-out/interest-only/gift funds at 1.00 minimum DSCR, Credit Guideline Waivers, Florida condo limit removed; UWM October deadlines: owner-occupied refis close by Oct 26, purchases and non-owner refis need CDs out by Oct 27, Bullseye 90 through Oct 30; Spring EQ promos through Nov 1: 25 bps improvement on home equity, appraisal costs covered (lender credit at closing), 75 bps off DSCR; Kind Lending confirmed Oct 23 it does NOT accept VantageScore; PRMG: Denver Metro DPA programs now in wholesale (0% deferred second, 620 FHA/Fannie minimum, 660 Freddie) and a revamped LEO CD Request form (live Oct 21); NewRez: Medical Professional Home Loan now includes nurse practitioners with MSN or DNP (up to 100% financing, no traditional MI, loans up to $2M per the email’s terms).

Watch dates: Nov 6 last day for feedback on FHA draft property rules (INFO 2026-22) · Nov 13/14 Fannie DU 12.1 changes · Nov 21 LPA feedback certificate change · Nov 30 DU enhanced findings sunset · Dec 1 rental income rules · Dec 2 K-1 verbal VOE · Dec 6 Freddie condo flood rules · Jan 1, 2027 FHA lowest score controls.

Topics: credit scores, appraisals

Full topic references: LO Library · Alert archive