=RECHERCHEV(CreditScore, AUS_Matrix!A:D, IF(LTV < 0,8, 2, 3), FALSE)
Automated Underwriting Systems (AUS), such as Fannie Mae's Desktop Underwriter (DU) and Freddie Mac's Loan Product Advisor (LPA), have revolutionized the mortgage industry by providing instant preliminary decisions based on data. This guide explores how brokers interact with these systems, inputting borrower information to receive an 'Approve/Eligible' or 'Refer/Ineligible' result. A senior broker must understand the underlying logic of the AUS, including how it evaluates the 'totality of the circumstances'—balancing credit history, assets, and income. The guide emphasizes the importance of data accuracy, as any discrepancies between the AUS input and the final verified documentation can lead to a loan denial. Brokers must also be skilled at interpreting the 'findings' report, which lists the specific conditions that must be met for final approval, such as proof of asset liquidation or clarification on employment gaps. Furthermore, the guide covers the strategies for handling 'Refer' results, which require a more intensive manual underwriting process. Mastery of AUS allows brokers to quickly determine the viability of a loan and provide immediate, reliable feedback to their clients, significantly speeding up the mortgage application process and increasing the likelihood of a successful closing.ADVERTISEMENT - IN-ARTICLE
Guide d'exécution
Qu'est-ce qu'un résultat « Approuver/Éligible » ?|Cela signifie que le système automatisé a approuvé le prêt sur la base des données fournies et qu'il répond aux directives des investisseurs.|Un prêt peut-il encore être refusé après l’approbation de l’AUS ?|Oui, si la documentation fournie au cours du processus de souscription complet ne prend pas en charge les données saisies dans le système.