Home Buying in 45322>Question Details

Tasharw, Home Buyer in Englewood, OH

Do all fha loans require manual underwriting? Or is it just when the automated underwriting doesn't approve the application?

Asked by Tasharw, Englewood, OH Sat Mar 3, 2012

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Tasharw the manual underwriting process is to verify all the information that was entered into the computer. Your LO could have hit 35000.00 for income but it was really 25000 and that will throw off everything. That is the purpose of manual underwriting to verify everything that was entered. Think of it as a file audit or double check system.
0 votes Thank Flag Link Sun Mar 4, 2012
Hi Tasharw,

It is my understanding that the automated underwriting is sort of a preapproval. Manual underwriting is required.
0 votes Thank Flag Link Sat Mar 3, 2012
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