MPF Webinar: Loan Eligibility and Underwriting for MPF Traditional Products
This webinar provides a general overview of eligibility and underwriting guidelines for the MPF® Traditional products (MPF Original, MPF 125, and MPF 35). Attention will be given to the differences between manually underwriting a loan and using an automated underwriting system (AUS) such as Desktop Underwriter® (DU®) and Loan Product Advisor (LPA). Underwriting basics such as LTVs, credit scores, property types, income, and assets will be discussed. This webinar also includes an overview of recently announced updates to the MPF Underwriting Guide.