FHA – Manual Underwriting Requirements: I received an “Accept” from TOTAL, but now my underwriter is telling me the file must be manually underwritten. Is this correct? [NEW – FHA Manual Underwriting Class – NEW FHA Manual Underwriting Chart-MTP™ What Triggers a Manual Underwriting?]

Answer: I don’t have your specific file circumstances, but it is a definite possibility.  A lot of originators do not understand that there are file scenarios that require a loan to be manually underwritten despite what the AUS says. There are 10 conditions that we review in our New FHA Manual Underwriting Class that fit [...]