AWACSMortgage compliance intelligence from Flightline

Lakeview Correspondent · Credit Policy Announcement C2026-09 · Published

Home in Five Advantage Program Reopening of Seven-Year Product and Lock Duration Adjustment

Lakeview has reopened the seven-year loan option for the Home in Five Advantage program as of April 1, 2026. Additionally, the financing program's lock period is temporarily shortened from 60 days to 45 days through the summer funding period.

Review recommendedEffective Apr 1, 2026Checks passed· adjusted automaticallyRead the announcement ↗ (opens in a new tab)

Loan impact

Summarized from the announcement · verified

Applies to: Home in Five Advantage loans delivered to Lakeview Correspondent.

Applies when all of these are true
  • ANDLakeview loan
  • ANDCredit program is Home in Five Advantage
Addressed to
Lakeview correspondent sellersFrom the publisher, not quoted from the text
Investor
LakeviewFrom the publisher, not quoted from the text
Affected areas
Contracts; Products
Affected documents
Rate lock confirmation
Effective
Apr 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. Lakeview Correspondent'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
RequirementPreviouslyNow
Home in Five Advantage 7-year offering availabilityRelaxedNot statedThe 7-year offering is fully reopened.
Home in Five Advantage lock commitment timeframeTightenedNot statedThe commitment period is temporarily shortened to forty-five days.

Each change applies when all the loan-impact conditions above are true.

What to do

AWACS interpretation · not source language

What to review: Review the availability of the reopened seven-year loan option and the temporary adjustment of the lock commitment period to forty-five days for the Home in Five Advantage program.

QC implications

  • Verify that rate lock confirmations for Home in Five Advantage loans adhere to the temporarily shortened forty-five day lock commitment timeframe.
  • Sample Home in Five Advantage files to ensure product guidelines are met for the reopened seven-year offering.

Source and record

Version 1 · archived

Checks

  • Source verified: Passed

    The document ID, link and publication date match the official source.

  • Quotes match the source: Passed, adjusted automatically

    Every quoted passage appears word for word in the official document.

    • A detail the source does not support was removed or adjusted

  • 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.