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Get the free DU Refi Plus - LP Open Access Borrower Benefit Worksheet1

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Net Tangible Benefit Form DU Ref Plus & LP Open Access The Underwriter has confirmed that the borrower is receiving a benefit from the new loan transaction. Please choose one or more of the benefits
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How to fill out du refi plus

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How to fill out DU Refi Plus:

01
Gather all necessary documents, such as your income statements, bank statements, and credit reports.
02
Access the Fannie Mae Desktop Underwriter (DU) system, which is used to underwrite and approve DU Refi Plus loans.
03
Start the application process by entering all required borrower and property information into the DU system.
04
Input your income and employment details accurately, including documentation of your current employment, salary, and any additional sources of income.
05
Provide information about your assets, including your bank accounts, investments, and any retirement savings.
06
Include details about the property you are refinancing, such as its location, type, and value.
07
Upload any necessary supporting documents, such as your pay stubs, W-2 forms, and tax returns, directly into the DU system.
08
Review all the entered information carefully, ensuring its accuracy and completeness before submitting the application.
09
After submitting the application, wait for the DU system to process and evaluate your loan eligibility.
10
Once the underwriting is complete, review the loan offer provided by the DU Refi Plus program and proceed with the required steps to finalize the refinancing process.

Who needs DU Refi Plus?

01
Homeowners who currently have a Fannie Mae-owned mortgage and want to take advantage of more favorable interest rates and terms.
02
Borrowers who are looking to lower their monthly mortgage payments or reduce their loan term through refinancing.
03
Individuals who have a strong credit history and reliable income, as DU Refi Plus requires meeting certain eligibility criteria set by Fannie Mae.
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DU Refi Plus is a special refinance program offered by Fannie Mae.
Borrowers who currently have a Fannie Mae loan may be eligible to apply for DU Refi Plus.
Borrowers can apply for DU Refi Plus through a participating lender who will guide them through the application process.
The purpose of DU Refi Plus is to help borrowers refinance their Fannie Mae loans to obtain more favorable terms.
Borrowers will need to provide information about their income, assets, debts, and property value when applying for DU Refi Plus.
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