Posted By: Red Raiders
Denial & DU result Approve/Eligible - 07/18/18 04:51 PM
What do you do report for AUS/AUS results in this case...
We have a loan that we ran DU on based on a certain home value and got a result of Approve/Eligible. Appraisal comes in way lower and we now deny the loan. We didn't re-run DU to get a different "official" result. Do we report the Approve/Eligible because that was the last one we ran or not report anything...or other?
We have a loan that we ran DU on based on a certain home value and got a result of Approve/Eligible. Appraisal comes in way lower and we now deny the loan. We didn't re-run DU to get a different "official" result. Do we report the Approve/Eligible because that was the last one we ran or not report anything...or other?