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Updated almost 7 years ago on . Most recent reply

Todd Willhoite's profile image
Todd Willhoite's profile image
Todd Willhoite
  • Attorney
  • from Claremore, OK
  • Member since Aug 21, 2013
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125
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Todd Willhoite's profile image
Todd Willhoite's profile image
Todd Willhoite
  • Attorney
  • from Claremore, OK
  • Member since Aug 21, 2013
Connect
Todd Willhoite
  • Attorney
  • Claremore, OK
61
Votes |
125
Posts
Private Lending & Conventional Mortgage Advice

Manually Underwritten v DU for Fannie Mae

Todd Willhoite
  • Attorney
  • Claremore, OK
Posted

What is the difference between the underwriting called "manually underwritten" and "DU" for fannie mae loans?  In looking at the fannie mae website it says that manually underwritten loans are maxed out at six,  but DU (don't know what that means) underwriting can have ten.  Can someone please explain what these are or how to find out more information on them?  Does either way effect the interest rate of the loan? 

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