Overview
Fannie Mae’s underwriting rules tend to be a review of your own borrower’s (otherwise spouse’s on the extent necessary for applicable law) equity money, credit rating, drinking water supplies, reliable and you will repeated money, together with collective effect these particular or any other exposure situations possess for the home loan results. Fannie Mae’s underwriting regulations allow the bank to look at various conditions for the evaluating a great borrower’s readiness and you will capacity to pay off the mortgage loan.