Posts

DU, AUS, LP; “Manual Underwrites” Alternative Credit

Yesterday, we mentioned a borrower who could not qualify for mortgage financing b/c he had no credit. There is an exception, however, that we did not mention for brevity’s sake. The borrower will likely qualify for FHA financing with a “Manual Underwrite” and “Alternative Credit.” 99% of lenders will NOT approve a loan unless it […]Read More