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Simple Access – Collateral Desktop Analysis

HomeBridge is revising its collateral desktop analysis (CDA) policy on the Simple Access program.

Simple Access loans that are submitted to HomeBridge on or after September 1, 2018 will require the $150 fee for the CDA to be indicated on the Loan Estimate (LE).  The $150 CDA fee will now be charged to the borrower and collected at closing.

NOTE:  The fee for the CDA is listed on the LE under Section B – “Services You Cannot Shop For