At time of loan application applicant's data (information) will be processed through either Fannie Mae or Freddie Mac automated underwriting system (AUS) at which time preliminary approval may be issued. (ritelend.com)
I) At the time of loan application: a) the borrower must be current, b) must have made at least 6 full months of payments since the first payment date and, c) at least 210 days must have passed from the closing date of the mortgage being refinanced. (kentuckyfhaloan.wordpress.com)