What does DU approve mean?

The loan meets Fannie Mae guidelines. Lenders still verify documentation and may have conditions.

How is DU different from LPA?

DU is for Fannie Mae; Loan Product Advisor (LPA) is for Freddie Mac. Both evaluate conventional loans but use different guidelines.

Can I get a loan if DU refers?

Yes. The loan may go to manual underwriting. Lenders can still approve with additional review and documentation.

What Is Desktop Underwriter?

Disclaimer: This website provides general mortgage and financial information for educational purposes only. It does not constitute financial, legal, or mortgage advice. Housentia is not a licensed mortgage broker, lender, or loan originator.

This content is provided for general educational purposes only and does not constitute financial, legal, or mortgage advice.

Introduction

Desktop Underwriter (DU) is Fannie Mae's automated underwriting system for conventional loans. Lenders submit application data and DU returns a decision. See What Is Automated Underwriting, What Is Loan Product Advisor, and Conventional Loan.

Frequently Asked Questions

What is Desktop Underwriter?: Fannie Mae's automated underwriting system. It evaluates conventional loan applications and returns approve, refer, or ineligible.
What does DU approve mean?: The loan meets Fannie Mae guidelines. Lenders still verify documentation and may have conditions.
How is DU different from LPA?: DU is for Fannie Mae; Loan Product Advisor (LPA) is for Freddie Mac. Both evaluate conventional loans but use different guidelines.
Can I get a loan if DU refers?: Yes. The loan may go to manual underwriting. Lenders can still approve with additional review and documentation.

Educational Disclaimer

This content is provided for general educational purposes only and does not constitute financial, legal, or mortgage advice.

Housentia is not a lender, mortgage broker, or loan originator.

Guidelines change.