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Conforming Fixed DU & DU High Balance SECTION 109/06/2017MATRIX:Transaction FICO Primary Residence Owner Occupied Purchase / Rate Term620CashOut Refinance620Second Home Purchase / Rate Term 620 Washout
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It is a form used to report fixed-rate mortgage loans that conform to Fannie Mae and Freddie Mac guidelines.
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Lenders and institutions that originate fixed-rate mortgage loans.
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The form must be completed accurately with all required information about the mortgage loans.
What is the purpose of conforming fixed du amp?
The purpose is to provide detailed information about fixed-rate mortgage loans that conform to Fannie Mae and Freddie Mac guidelines.
What information must be reported on conforming fixed du amp?
Information such as loan amount, interest rate, terms, borrower's financial information, etc.
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