Search results
2 mar 2010 · This topic contains information on the accuracy of DU data, DU tolerances, and errors in the credit report, including: Ensuring DU Data and Delivery Information Accuracy. DU Tolerances for Refinance Transaction Loan Amount Changes. Other Errors in the Credit Data.
1 lut 2023 · For the maximum allowable LTV, CLTV, and HCLTV ratios and credit score requirements for manually underwritten cash-out refinance loans, see the Eligibility Matrix. See Cash-Out Refinance Transactions in B5-2-03, Manufactured Housing Underwriting Requirements for additional information.
5 maj 2021 · Lender Letter 2021-10 announced a new refinance option for Fannie Mae borrowers who are making their mortgage payments on time, and whose income is at or below 80% of the applicable area median income (AMI) for the subject property’s location. Details on how DU will identify and underwrite RefiNow loans are specified below.
7 sie 2019 · Refi Plus and Refi Plus whole loans must be purchased by Fannie Mae on or before September 30, 2019 or must be delivered into MBS pools with issue dates on or before September 1, 2019. Appraisal Waiver Eligibility
Updates to Eligible Existing Loan Requirements for DU Refi PlusTM Mortgage Loans. Fannie Mae is updating the eligibility requirements for mortgages with certain types of credit enhancement or mortgage insurance coverage for DU Refi Plus mortgage loans.
Fannie Mae will update DU implementing changes. • HomeReady ® income eligibility will be limited to 80% AMI in ALL areas including low income. • DU Eligibility Assessment will also be updated the weekend of July 20 th
Conforming DU REFI Plus – Product Description (cont.) Each loan must fully comply with all terms FNMA Guide requirements unless otherwise specifically noted above. Clients with access to AllRegs can access the entire Fannie Mae Seller Guide. For your added convenience, specific Fannie Mae Guidelines may also be
