Effective for loans purchased on or after August 1, 2024, the subservicer is changing for all FHA and VA loans to “Arc Home LLC c/o LoanCare, LLC”.
The mortgagee clause and insurance loss payee for LoanCare is:
Arc Home LLC c/o LoanCare, LLC
ISAOA/ATIMA
P.O. Box 202049
Florence, SC 29502-2049
Important Notes
· The Client’s Goodbye Letter and First Payment Letter must reflect the servicer information noted above.
· The Arc Home Delegated Correspondent Client Reference Guide and Non-Delegated Correspondent Client Reference Guide subservicer details for these loan programs will be revised at a later date.