Are loans with DU Refer/Caution Findings or Loan Product Advisor (LPA) Caution Feedback eligible for mortgage insurance?

Are loans with DU Refer/Caution Findings or Loan Product Advisor (LPA) Caution Feedback eligible for mortgage insurance?
April 26, 2018 Donna Malecki

Are loans with DU Refer/Caution Findings or Loan Product Advisor (LPA) Caution Feedback eligible for mortgage insurance?

Loans receiving DU Refer with Caution, Loan Product Advisor (LPA) Caution 500 A-minus Eligible, or LPA Caution recommendations are ineligible for delegated submissions, but will be considered on a loan-by-loan basis in accordance with our Standard Program guidelines when submitted full file (nondelegated).

 

Last Updated On April 26, 2018