Purchase Mortgages (with maximum loan amounts …
Nov · DU stands for Desktop Underwriter and LP stands for Loan Prospector Both DU and LP are types of automated underwriting systems (AUS) Loan originators use DU and LP to determine whether a loan meets Fannie Mae or Freddie Mac s eligibility requirements which means DU or LP approval is a critical step towards closing on a mortgage
Loan Product Advisor Certificate Sample Feedback - Enact MI
Required if the Automated Underwriting System Type (Sort ID ) is Loan Prospector or Other AND the Automated Underwriting System Type Other Description (Sort ID ) is …
Should I Use Fannie Mae Or Freddie Mac For AUS
Required if the Automated Underwriting System Type (Sort ID ) is Loan Prospector or Other AND the Automated Underwriting System Type Other Description (Sort ID ) is …
Desktop Underwriter (DU) and Loan Prospector (LP) What They …
Nov · DU stands for Desktop Underwriter and LP stands for Loan Prospector Both DU and LP are types of automated underwriting systems (AUS) Loan originators use DU and LP to determine whether a loan meets Fannie Mae or Freddie Mac s eligibility requirements which means DU or LP approval is a critical step towards closing on a mortgage
How Conventional Automated Underwriting Decisions Work
What is Automated Underwriting (AUS) Automated underwriting (also known as AUS) is used by mortgage lenders to determine whether or not to approve your mortgage application These automated computer-generated mortgage loan underwriting decisions are the most common way to get approved for a home mortgage Automatic Underwriting …
What Is AUS - Automated Underwriting System - Bayou Mortgage
Mar · The AUS is not a mortgage approval Mortgage loan applications must still go through a rigorous underwriting process in order to be approved The AUS sets the criteria …
Loan Quality Advisor Help - Freddie Mac
Welcome to Loan Quality Advisor Help To get started watch this video to learn how to navigate online help Then click one of these frequently visited topics Steps to Upload …
Loan Prospector Feedback Messages - Cause and Resolution
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Loan Selling Advisor Help - Freddie Mac
Required if the Automated Underwriting System Type (Sort ID ) is Loan Prospector or Other AND the Automated Underwriting System Type Other Description (Sort ID ) is …