Manual Underwriting Versus Automated Mortgage Approval

Manual Underwriting Versus Automated Mortgage Approval. Why should I choose an interest only mortgage? Laura Sillano Pod Financial 169

Manual Underwriting Versus Automated Mortgage Approval video duration 2 Minute(s) 23 Second(s), published by Gustan Cho Associates on 01 05 2019 - 15:24:31.

There are two types of Automated Underwriting Systems (AUS): Fannie Mae's Automated Underwriting System is referred to as Desktop Underwriting (DU) There are two types of Automated Underwriting Systems (AUS): Fannie Mae's Automated Underwriting System is referred to as Desktop Underwriting (DU) .

. This video may either enlighten you or confirm what you already suspect when it comes to making the best use of your real estate investment cash flow When it comes to getting loans, there are two primary ways of repayment, either you get a principal and interest loan where the payments are directed to both .

There are two types of Automated Underwriting Systems (AUS):

Fannie Mae’s Automated Underwriting System is referred to as Desktop Underwriting (DU)
Freddie Mac’s AUS is known as Loan Prospector (LP)
All government and conventional loans need to go through either DU and/or LP Automated Underwriting System for the following:

Approve/Eligible
Refer/Eligible
Refer/Ineligible

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