Underwriting Tip: Sales Contract

Please be sure the Sales Contract submitted to underwriting is the most up-to-date.

One of three loans I underwrite does not have the correct information and it slows the entire process down when we have to re-underwrite the file due to changes. These changes, too many times, causes us to have to re-run DU and 25% of the time the file moves from an Approved/Eligible to a Manual underwrite.

Ruth