Fannie Mae Enhancements To Help More Borrowers Qualify

Over the weekend of July 29, 2017, Fannie Mae will implement an update to their automated underwriting system Desktop Underwriter (DU) that will help more borrowers qualify.  It will allow more debt to income ratios up to 50% and simplify requirements for self-employed borrowers with more being eligible to provide just 1 year of tax returns.

Don’t forget about Fannie Mae’s Day 1 Certainty that we offer too that allows you to not provide any paystubs, W-2s, or tax returns if the income can be verified through and validated by DU.