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Desktop Underwriter Industry Leading Automated Underwriting System Fannie Mae s Desktop Underwriter (DU) has a proven history of providing lenders a comprehensive credit risk assessment that determines
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What is desktop underwriting?
Desktop underwriting is an automated system used by lenders to evaluate a borrower's creditworthiness and determine the terms of a loan.
Who is required to file desktop underwriting?
Lenders are required to file desktop underwriting in order to assess the risk associated with issuing a loan to a borrower.
How to fill out desktop underwriting?
Desktop underwriting is typically filled out by inputting the borrower's financial information and credit history into the automated system.
What is the purpose of desktop underwriting?
The purpose of desktop underwriting is to streamline the loan approval process and make more accurate lending decisions.
What information must be reported on desktop underwriting?
Information such as the borrower's income, assets, credit score, and debt-to-income ratio must be reported on desktop underwriting.
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