is it better to use a lender with a manual underwriter?

ALL mortgage loans start out being run through an AUS System (Automated Underwriting System). If it gets kicked out of automated, it can potentially be reviewed on a manual basis. I wouldn't worry about it. Just apply with a licensed local loan officer, and let them guide you through the process. For loan in MN, WI, and SD, visit www.Mortgage-Rochester.net

Hi Jana!No, a manual underwrite is required if your loan does not get approved through an automated underwriting system. This should not be a problem as long as your loan officer documents and knows the guidelines and overlays required for the loan product of choice. The best way is to meet with your loan officer of choice, provide the requested documentation, and come up with a plan towards your home mortgage. I would be happy to help. I am in CT- e-mail me at pete.bass@everbank.com

Work with a local Mortgage Banker or Broker rather than one of the big banks. If in fact your loan is not approved via the Automated Underwriting System (AUS), they will much more inclined to do a manual underwrite. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Licensed in Arizona (AZLO0911876 / AZBK0902429), Washington (WALO40586 / WACL3087) and California (CADOC40586 / CAFLL6036566). We are licensed by the CA-DBO under the CFLL and CRMLA. Loans made or arranged pursuant to CFLL or CRMLA license. ~ www.LoansA2z.com ~ 888-889-9950

Youn neice may not be experienced enough to explain the options and process. Manual underwriting is typically a less desirable alternative to automated approval. Don't let fear/concern keep you from moving forward!