Underwriting Guidelines and Summary

Take the clear path

Skinny Guidelines 2
Put National MI TrueGuide® to work for you – and take the clear path to quickly closing more loans.
Our expanded AUS and Non-AUS underwriting guidelines offer straightforward solutions.

Now it’s easier to keep your loans on track.

Once a loan has been approved by Fannie Mae’s Desktop Underwriter® or Freddie Mac’s Loan Product Advisor®, just follow our simple AUS guidelines.  Manual underwriting is no longer required.

  • Minimum credit score of 620 for primary residence and second homes
  • 97% LTV down to 620 credit score for primary residence purchase and rate term refinances
  • Investment properties are eligible
  • No condo restrictions
  • No geographic restrictions
  • Gift Funds allowed on Primary Residences & Second Homes

AUS Conforming Affordable

  • Pair with Down Payment Assistance (DPA) up to 105% CLTV with 2ND lien

Desktop Underwriter® and DU® are registered trademarks of Fannie Mae; Loan Product Advisor® is a service of Freddie Mac.

Please refer to National MI’s Underwriting Guidelines and Master Policy for a complete description of policies and requirements.


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