Desktop underwriting vs manual underwriting

 · Automated approval vs. Manual Approval Mortgage lenders use a “desktop underwriting” system where the mortgage application is imported and then sent to get “automated findings”. Based on the application data (income, credit, assets, property) the desktop underwriter (automated approval) with give:Estimated Reading Time: 6 mins.  · Subpart B3: Underwriting Borrowers Chapter B Manual Underwriting; Chapter B Desktop Underwriter (DU) Chapter B Income Assessment; Chapter B Asset Assessment; Chapter B Credit Assessment; Chapter B Liability .  · Automated Underwriting vs. Manual Underwriting. As part of the mortgage approval process, underwriters use specific guidelines and even computer programs to check the levels of risk in your mortgage loan. There are two ways to do this: automated underwriting and manual underwriting.

Automated Underwriting vs. Manual Underwriting. As part of the mortgage approval process, underwriters use specific guidelines and even computer programs to check the levels of risk in your mortgage loan. There are two ways to do this: automated underwriting and manual underwriting. Automated Underwriting. Desktop Underwriter ® (DU ®) – the industry-leading underwriting system – helps lenders efficiently complete credit risk assessments to establish a home loan’s eligibility for sale and delivery to Fannie Mae with easy-to-use, powerful tools. Rely on Fannie Mae’s industry-leading automated mortgage loan underwriting system to. Lenders use automated underwriting because it’s much faster and more cost-efficient than manual underwriting. How Manual Underwriting Works For Mortgages. Manual underwriting is just the opposite. Instead of using a computer to analyze your application data, a human looks at your finances. Manual underwriting takes more time than automated underwriting and requires more documentation.

When the loan is manually underwritten, the scenario is evaluated with a more fine tooth comb than automated underwrite to ensure the borrower. AUS Findings. All Conventional and Government loans must have automated approvals from Desktop Underwriter (DU), or Loan Product Advisor (LPA). Manual. The. Desktop Underwriter (DU) system which was developed as a result of this commitment, is an automated underwriting expert system that applies both heuristics.