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Sede Legale: Via Manzoni, 120A - 80123 Napoli

Sede Operativa: Via Coroglio, 57D c/o Citta della Scienza - 80124 Napoli

P.IVA e C.F. 07156040631 - REA NA 686598

Capitale Sociale Euro 36.000 i.v.

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Pc Underwriter (DU) and financing Prospector (LP): what they’re and just why They situation

Actually asked the loan policeman exactly what a DU or LP try, merely to have a solution that left you more confused? You’re one of many.

DU is short for Desktop Underwriter and LP means financing Prospector. Both DU and LP tend to be different automated underwriting programs (AUS). Mortgage originators incorporate DU and LP to find out whether a loan satisfies Fannie Mae or Freddie Mac’s qualifications requirements consequently DU or LP approval try an important action towards shutting on a mortgage.