This Article Is About Automated Underwriting System Approval: AUS Findings The automated underwriting system approval is what is needed for a mortgage borrower to go forward with the mortgage process. The automated underwriting system will render three types of findings: approve/eligible per AUS: A/E per AUS means the borrower has an automated approval and the […]
This ARTICLE Is About Refer Eligible Per Automated Findings: What If You Get A Refer Eligible Per Automated Findings? If you get a refer/eligible per automated underwriting system findings, the loan officer will keep on trying to get an approve/eligible per AUS. However, if it is next to impossible to get an AUS approval, the […]
How To Get Refer To Approve-Eligible Per AUS To Qualify For Mortgage: There are ways of trying to get a refer/eligible findings to an approve/eligible per automated underwriting system.
This Article Is About Automated Approval From Automated Underwriting System: It is key to get an approve/eligible per the automated underwriting system for the mortgage process to go forward. In the event the borrower cannot get an approve/eligible and gets a refer/eligible per AUS findings, the file can be manually underwritten by a human mortgage […]
AUS Approval On Conventional Loans Versus Refer-Eligible Per AUS: There are ways and tricks of the trade to get an approve eligible per automated underwriting system on conventional loans.
This Article Is About Fannie Mae Automated Underwriting System Approval Borrowers normally need an automated approval by the Automated Underwriting System also referred to as AUS in order to proceed with their mortgage loan process. There are two types of Automated Underwriting Systems: Fannie Mae Freddie Mac Fannie Automated Underwriting System Approval is called Desktop […]
This Article Is About Automated Underwriting System Findings On Home Mortgages The automated underwriting system is a sophisticated computerized system used by mortgage lenders to get automated findings on government and conventional loans. Programmed in the AUS is data of all updated agency mortgage guidelines All lenders will either use Fannie Mae’s DU or Freddie […]
This Article Is About What If I Get A Refer Eligible Per Automated Underwriting System All mortgage loan applicants need to go through the automated underwriting system (AUS) before the loan process can proceed. If the findings on the automated underwriting system renders an approve/eligible, that means the borrower is approved by the AUS. There […]
This Article Is About Maximum Debt To income Ratios For AUS Approval One of the key factors in getting an automated DU approval via Fannie Mae’s Automated Approval System is debt to income ratios requirements. There are two types of mortgage underwriting guidelines: Federal Minimum Mortgage Lending Guidelines set by FHA, VA, USDA, Fannie Mae/Freddie […]
This article covers Understanding The Automated Underwriting System Approval Understanding The Automated Underwriting System Approval is key for borrowers with less than perfect credit. There are certain ways of manipulating the automated underwriting system towards your favor to get an automated approval The automated underwriting system is commonly referred to as AUS AUS is an […]