Is a borrower on a loan with valid Desktop Underwriter® (DU®)/Loan Product Advisor® (LPASM) approved findings eligible for mortgage insurance even if they have limited credit?
Yes. Loans with valid DU Approve/Eligible or LPA Accept/Eligible findings are perfect for our EZ DecisioningSM program. Under our EZ Decisioning program, no additional credit or tradeline requirements apply. For more information, visit our Guidelines page.