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GMFS TPO Connect + OB Changes for First Time Homebuyers

GMFS TPO Connect + OB Changes for First Time Homebuyers

Rebecca Squyres

October 9, 2023

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As a result of Encompass Release 23.3, TPO Connect and Optimal Blue had functionality changes related to First Time Homebuyers.

We would like to draw your attention to this change to help ensure a smooth process when pricing your loans.

You will see the two new First Time Home Buyer fields split as shown below for Borrower and Co-Borrower.

Due to this change, the First Time Homebuyer field in Optimal Blue will be read only and pull in directly from the fields below. This will ensure that you get the best price for your First Time Homebuyer borrowers.

Therefore, it is recommended that you complete these fields prior to launching your loan to Optimal Blue for pricing. You will not be able to change the field inside Optimal Blue.

If you have any questions, please contact the lock desk at [email protected]

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We are one of the fastest growing mortgage companies in the United States offering great mortgage financial solutions. Headquartered in Baton Rouge, Louisiana, GMFS originates residential mortgage loans, primarily in the southern states. Founded in 1999, GMFS has approximately 250 employees. more about GMFS

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