Sentences with phrase «underwriting engines»

Our knowledgeable Loan Officers will gather all relevant financial documentation, pull your credit, and run your loan information through our automated underwriting engine to ensure you're truly pre-approved.

The full approval Rocket Mortgage provides is much more comprehensive and accurate than a pre-approval, due to the electronic verification of the client's income, assets and credit, and direct access with agency underwriting engines.

PeerStreet's view is that by performing its own due diligence on borrowers using a software - based underwriting engine, the company can match high - quality debt with a growing crop of yield - hungry investors.

FHA Requires that if a loan has received an Accept or Approve or Refer decision from an approved automated underwriting engine using FHA's TOTAL Scorecard, the lender «must obtain an explanation and documentation for recent large deposits in excess of 1 % % of the property sales price, and verify that any recent debts were not incurred to obtain part, or all, of the required cash investment on the property being purchased.»

Aptitude to creatively address conflict between schedule and quality goals, excellent problem solving and decision making skills, familiarity with all major underwriting engines and softwares including...

You can get your loan scored for approval through a variety of underwriting engines, including Fannie Mae's Desktop Underwriter and Freddie Mac's Loan Prospector.

and the loan is processed through Fannie Mae, Freddie Mac or another government automated underwriting engine (depending on the loan) for official pre approval.

Receive full approval in minutes on conventional, FHA or VA mortgage products with the click of a button from Quicken Loans» proprietary interface to agency underwriting engines.

Currently, any loan that is accepted by the government - sponsored enterprises» automated underwriting engines is considered a qualified mortgage even if the back - end DTI ratio is above 43 %.

Well these two underwriting engines will decline any loan that has an authorized user account regardless of the credit score.

Well there are two automated underwriting engines (commonly referred to as LP and DU in the mortgage industry) which effectively underwrite all (ok about 99.7 %) mortgage loans in the country (yes I said the entire country).

We have an underwriting engine that actually pulls the stuff out in the neighborhoods that we like, and then we curate it, and we put it on the platform.

Fannie Mae, Freddie Mac, and USDA Rural Housing have all made extensive strides in 2014 to update and strengthen their automated underwriting engines.