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Re: DU LP Approval
As per your requirement here I am uploading a pdf file having the desktop underwriter (du) and Loan prospector guidelines. The content of the attachment is as following: Confirm that all the information provided to DU or LP is accurate Assess the appraisal for accuracy and determine that the value is well-supported Use due diligence for red flags when reviewing the documentation provided Meet the credit report validation requirements Determine if there is any derogatory or contradictory information in the loan that could not be analyzed by DU or LP and take action regarding that information DU loans – ensure that the loan meets all the verification messages and approval conditions detailed in the findings, that the observations have been reviewed and addressed in the file LP loans – ensure that the loan meets the credit and loan processing information detailed on the feedback certificate Remaining details are in the attachment click on it… |
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