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 Q1 2022 delegated underwriting errors to avoid
Avoid these common mistakes and you'll be on the right track:
- Source of funds not properly documented for large deposits
- Verification of the monthly housing payment of property other than subject was not documented
- Obligations miscalculated/ debt excluded affecting ratios
- Incorrect income calculation (not self-employed)
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:
Appraisal Checklists and Quality Control Forms
Checklists make everything easier if you ask us. Access our appraisal checklists and QC review prep forms.