Find all the MI underwriting tools and information you need right here, including credit policy updates, QA reviews guidance, and appraisal information.
To submit documents related to a Quality Assurance Loan Review, visit our Secure Submission portal.
Underwriting Tip Sheets
Top 1Q 2023 delegated underwriting errors to avoid
Avoid common mistakes related to the following and you'll be on the right track:
- Incorrect Income Calculations
- Income/Employment Misrep
- Occupancy Misrep
- Sourcing Large Deposits
- Verifying Sufficient Funds for Closing/Reserves
Get the full list in the tip sheet below:
Best practices and tips for underwriting and faster processing times
Use some of our favorite tips to make sure your files are polished up for faster processing times:
- Proofread all information and check for inconsistencies
- Make sure 2 years' of employment history and resident history is included
- Flag any concerns in the app
Get the full tip sheet below:
Delegated Underwriting MI Decision Tips (1Q 2023)
Learn how to avoid the most common MI decision errors.
Appraisal Checklists and Quality Control Forms
Checklists make everything easier if you ask us. Access our appraisal checklists and QC review prep forms.
Full Package (Non-Delegated) Quality Control Reviews
Learn how to prepare for a full package loan review.
Effective Date 11-29-2021