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Getting approved for a mortgage - what is happening behind the scenes?
There is so much that goes into how people get approved for a loan. Automated Underwriting System determines your eligibility for a loan by analyzing documentation. What is needed changes based on Federal Guidelines. It is up to the Loan Officer and Underwriter to let you know what information is needed for you to get approved through AUS.
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By Chad Anderson, Bekah HamThere is so much that goes into how people get approved for a loan. Automated Underwriting System determines your eligibility for a loan by analyzing documentation. What is needed changes based on Federal Guidelines. It is up to the Loan Officer and Underwriter to let you know what information is needed for you to get approved through AUS.