2019

Friday Fast Facts – Manufactured Housing & Manual Underwriting

Manufactured Housing Loans

Reminder: US Bank made the following changes to loans secured with manufactured homes:

  • Minimum credit score of 680
  • Maximum DTI is 45%
  • NO Manual Underwrites Allowed

Please note these changes affect all loans reserved September 2, 2019 or later.

Manual Underwriting

Effective immediately: US Bank has changed the manual underwriting guidelines for new loan reservations on both Conventional and Government loan products.

FHA, USDA & VA

Pages

Subscribe to RSS - 2019