Does your loan have to be with fannie mae or freddie mac for harp program

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The acceptance of these system approvals will be limited to the following underwriting recommendations: These three approval sources will allow greater flexibility in qualifying more borrowers and increase efficiency for use of the program for lenders.įannie Mae, DU and Freddie Mac, LP approvals are now accepted for loan to values up to 100% loan to value. Fannie Mae, DU or Freddie Mac LP Automated Underwriting Systems.VHDA's FasTrak on-line underwriting system.VHDA Flex Alt 100% loans may now be approved through three approval methods:

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Loan Approvals and Automated Underwriting: Sheila Pollard, Single Family Closing and Quality Review Manager From: Janice Burgess, Single Family Loan Programs Manager

 

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