Add new sponsoring lender relationships via ‘Request Additional Sponsorship(s)’ link in Technology Manager.
Details on the 2020 general and high-cost area loan limits and updated resources are available. The new loan limit for most of the country is $510,400, indicating a 5.38% increase over the 2019 limit.
The logic used by the Desktop Underwriter (DU) validation service to validate bonus, overtime, and commission income using a Verification of Employment and Income report will be updated. This update will apply to all new casefiles submitted to DU on or after Jan. 1, 2020.
Have a question? Access the page below to contact the Technology Support Center for help.