3 Critical Questions Realtors and Buyers Should Ask Their Lender

1.     I received a pre-approval letter for/from a buyer, but has the loan been run through an AUS system? An Automated Underwriting System (AUS) helps determine the loan eligibility and conditions (documentation, etc.) the borrower needs to provide. The AUS is a requirement for all loans backed by either Fannie or Freddie, which is roughly more Read more about 3 Critical Questions Realtors and Buyers Should Ask Their Lender[…]