This guide provides best practices for mortgage underwriters to ensure consistent, compliant, and efficient underwriting decisions. Use this as a reference to avoid overconditioning, mitigate risk, and maintain investor confidence throughout the loan lifecycle.
This guide walks you through each step of the loan journey, so you know what to expect, what documents you’ll need, and how to stay ahead of the game.
This guide breaks down the differences between DU (Desktop Underwriter) and DO (Desktop Originator), the risks, the reasons to use each, and how to pick the right tool based on your mortgage role and workflow.
With the introduction of FICO® Score 10T and VantageScore® 4.0, lenders now have more predictive models that incorporate trended data, alternative data, and advanced analytics. This guide explains each model, how they differ, and what trending data means for both lenders and borrowers.
This guide helps Loan Officers and processors break down Fannie Mae’s
Desktop Underwriter (DU) and Freddie Mac’s Loan Product Advisor (LPA) findings, into plain English.
A credit rapid rescore is a powerful tool used in the mortgage industry to update a
borrower’s credit report quickly, usually within 2 to 5 business days. It can make a
meaningful difference in whether a borrower qualifies for a mortgage or receives better pricing by helping improve their credit score faster than waiting for traditional reporting cycles.
A Detailed Guide Provided by The Housing Assistant for Realtor Use
Down Payment Assistance (DPA) programs come in all shapes and sizes, just like
borrowers’ credit scores. Whether you’re buying your first home or helping others do it, knowing the difference between a grant and a soft second can save money and headaches.
This scorecard provides a standardized framework for evaluating the performance of the vendor title amc.
This scorecard provides a standardized framework for evaluating the performance of the underwriter.
