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mmcrober2000@yah
12 Posts |
 Posted - 08/27/2008 : 3:06:16 PM
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I have a makes sense loan for a 680 fico borrower in UT. Borrower will be lowering monthly mortgage payment with the loan. We had a DU Approve Eligible but lender lowered income and now it sits just outside the approval.
Any ideas? |
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dennis@padda.com
198 Posts |
Posted - 08/27/2008 : 3:31:21 PM
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| THE QUESTION IS WHY DID THE UW LOWER THE INCOME???? |
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mmcrober2000@yah
12 Posts |
Posted - 08/27/2008 : 3:57:58 PM
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quote:
Originally posted by dennis@padda.com
THE QUESTION IS WHY DID THE UW LOWER THE INCOME????
He is a machanic and he states he has $300 unreimbursed monthly expenses for tools. |
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