Desktop Underwriter® 

Order DU® Findings and Pre-Qualification Letters

Order DU® Findings

Floify’s integration with Fannie Mae's flagship automated underwriting system, Desktop Underwriter®, provides loan originators with the power to order DU® findings on a loan flow from within the mobile-responsive Floify user interface, when used in conjunction with one of Floify's enterprise-grade LOS integrations (Encompass®, BytePro, LendingQB).

Automated Pre-Qualification Letters

Additionally, lenders can use the DU integration to automate the creation of custom-branded pre-qualification letters, when appropriate findings are returned, by also connecting one of Floify's many credit integrations as well as the Optimal Blue product and pricing integration. When all of these systems are actively integrated and a pre-qualification letter template is configured, Floify will utilize 1003 data as well as information provided by the credit and PPE integrations to automatically run a DU assessment of the applicant. When appropriate findings are returned, Floify will format a pre-qualification letter and make it available to the prospective borrower.

Image
Image
Image
Image

About Fannie Mae

Since 1938, Fannie Mae has been an innovative force in the mortgage industry. Our mission is to provide a stable source of liquidity for mortgage lending, supporting greater access to affordable home and rental housing finance in all markets, at all times. We help facilitate the flow of capital into the U.S. housing market by issuing and guaranteeing mortgage-related securities. Our work helps make the 30-year fixed-rate mortgage — a mainstay of the U.S. mortgage market — possible.

For more information, please visit fanniemae.com.