Effective for loans purchased on or after August 1, 2024, the subservicer for all FHA and VA loans is now “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
* For AR, FL, IL, MO, TX and WI, lender name is Arc Home Loans LLC; for OR, lender name is Arc Home LLC, a limited liability company of Maryland.
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 have been updated and will be available on the website soon.