Loan impact
Summarized from the announcement · verifiedApplies to: Delegated HELOCs and closed-end second mortgages registered on or after August 1, 2026.
- Addressed to
- Arc Home correspondent sellersFrom the publisher, not quoted from the text
- Investor
- ArchomeFrom the publisher, not quoted from the text
- Affected area
- Products
- Effective
- Aug 1, 2026
- Applicability confidence
- Verified: every row taken from the source text is supported by it; rows marked "from the publisher" are not quoted
Summary by AWACS. Arc Home's guide is proprietary, so AWACS does not reproduce its text. Read the official announcement ↗ (opens in a new tab)
What changed
Summarized from the announcement| Requirement | Previously | Now |
|---|---|---|
| Funding fee for delegated second mortgagesChanged | Previously: Funding fee of $399 | Funding fee of $450 |
What to do
AWACS interpretation · not source languageWhat to review: Review fee schedules to account for the funding fee adjustment to $450 for delegated HELOCs and closed-end second liens registered on or after August 1, 2026.
QC implications
- Verify that delegated HELOCs and closed-end second liens registered on or after August 1, 2026 reflect the updated funding fee of $450 instead of $399.
Source and record
Version 1 · archivedChecks
Source verified: Passed
The document ID, link and publication date match the official source.
Quotes match the source: Passed
Every quoted passage appears word for word in the official document.
Requirements backed by the source: Passed
Anything marked required is backed by the requirement language and dates in the source.
In scope: Passed
The document is about residential mortgage lending.
Format and labels: Passed
The record follows the AWACS format and uses its standard labels.
Source
- Delegated Correspondent Announcement Second Lien Funding Fee Updated (2026-08-21) (official) ↗ (opens in a new tab)
- Archived copy, SHA-256 f94354008bdd…
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