Underwriting & Processing Loans Hub

Get insightful tips from our Ask an RU series and information to improve processing loans and underwriting efforts. We’ve got you covered.

Ask an RU Series

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Ask an RU: Navigating Loan Scenarios with Borrowers on Temporary Leave

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Everyone needs some time off, our borrowers included!  We have…
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Ask an RU: How HFA and DPA Programs are Helping Tackle Affordability Issues

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Affordability has been top of mind for many in the housing industry,…
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Ask an RU: An Exploration of Home Loan Assumptions

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When a borrower pursues the homebuying process, they may come…
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Ask an RU: Underwriting Loans with Restricted Stock Units as Income

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[Updated March 2024; originally published July 29, 2021] It’s…
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Ask an RU: Accessory Dwelling Units (ADUs) and How They Can Impact Your Loans

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Accessory Dwelling Units (ADU), previously known as in-law suites…
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Ask an RU: Everything you Need to Know about Non-Arm’s Length Transactions

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Referrals and networking are key tactics that many of us rely…
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Ask an RU: Top Compensating Factors to Help More Borrowers Get into a Home

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Not all mortgage loan submissions are the same! When you are…
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Ask an RU: How Do Citizenship and Residency Impact a Borrower’s Mortgage?

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When working with borrowers, you must first determine if your…
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Ask an RU: Renovation Loans For Borrowers Seeking Home Upgrades

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A borrower wants to upgrade, update, add, or change their home,…
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Ask an RU: Everything You’ll Need to Know About Gifts, Gifts of Equity and Gift Funds

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We strive to help lenders bring the dream of homeownership to…
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Ask an RU: Understanding Construction-to-Permanent (C2P) Loans

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[Updated April 4, 2024] More families are looking to move…
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Ask an RU: Tips to Submit Quality Loan Originations

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We’re all human… and humans will make errors on occasion.…
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Ask an RU: A Comprehensive List of Tips for First Pass Approvals

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We understand that you’d like to have a clear to close commitment…
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Ask an RU: Contingent Liability Basics

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You’re reviewing the loan file and notice a line item under…
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[Ask an RU] How to Verify Future Income for Borrowers Mid-Job Move

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The loan is finally set to fund, but the processor calls out…
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[Ask an RU]: Demystifying Interested Party Contributions, Financing Concessions and Sales Concessions

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Ever get confused over what the difference is between financing…
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[Ask an RU] Underwriting Mortgages for DACA Borrowers

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Since the inception of the Deferred Action for Childhood Arrivals…
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[Ask an RU] Underwriting a Mortgage with Tip Income

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If you’ve ever worked in the service industry or know someone…
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[Ask an RU] Permanent Heat Source Requirements

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As you start turning up your thermostat to ward off dropping…
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[Ask an RU] Qualifying with Rental Income from a Departure Property

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The calculation of rental income from a departure property can…
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[Ask an RU] Underwriting Mortgages with Student Loan Debt

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With a record 44.7 million Americans with some level of student…
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[Ask an RU] Underwriting Manufactured Houses: Labeling Conundrums

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If you don’t spend a lot of time underwriting manufactured…
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[Ask an RU] Underwriting a File with Cannabis Income

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Working for or owning a cannabis business has become a commonplace…
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[Ask an RU] Got Solar? Questions to Ask When Underwriting a Home with Solar Power

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Solar power is gaining momentum in the U.S., and we’re moving…

More Loan Underwriting and Processing Information

QA Trends: A Discussion on Primary Residence Conversions

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In recent years, the mortgage industry has seen a rise in occupancy…
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6 Tips for First Pass Approval When Submitting a Non-Delegated MI Application

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Underwriting non-delegated loans requires a lot of diligence…
Enact MI Blog

Contract Underwriting: How our Services can Seamlessly Adapt to Help You Meet your Business Needs

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As we face the challenges of today’s mortgage marketplace,…

QA Trends: MI Decision Tips to Improve Quality and Help Prevent Fraud

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Whether you’re the fastest or the most thorough, we’re all…
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Breaking Down GSEs’ 97 LTV Loan Programs and How Enact MI Can Help

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Purchasing a home can be an exciting, but daunting process for…

Coverage from the Ground Up: Your Guide to Construction-to-Permanent (C2P) Loans

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So, your borrowers have decided to build their home or pursue…
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DEI Considerations: Let’s Talk Expanded Nontraditional Credit Guidelines

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In an effort to enact a more diverse, equitable and inclusive…