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In the old days of loan approval, it was. As a general rule ... to the mortgage amount she requested - was insignificant under the automated system. In the days before automated underwriting, lenders ...
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Common reasons why mortgage applications get deniedYour debt-to-income (DTI) ratio — the portion of your gross (pre-tax ... with a key one being that an automated underwriting system often decides your approval or denial. The key reasons ...
The process of deciding if a borrower should be approved for a ... whether you're going through automated or manual underwriting. Sometimes automated underwriting systems need more information ...
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