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  • Not sure why not working. Believe it is the risk layers

    Posted by Rhonda on September 15, 2024 at 8:26 pm

    wanted to inquire about an issue I’m experiencing with my DU approval. Guy changed jobs after 4 plus years. In May and July changed again. Back at original job. had initially received DU approval, but after adding a modular home to the equation, there seems to be a problem. He does not have a lot of credit, so I assume needed to add tradelines.

    The DU findings state:

    • “This case is ineligible because the loan amount of $168,875 exceeds the FHA maximum loan calculation of $160,190.” *

    Could you please clarify what steps I can take to address this issue or how we can adjust the loan amount or any other factors that may be affecting my eligibility? I appreciate your assistance in resolving this matter.

    Thank you for your time and help.

  • 5 Replies
  • Rhonda

    Member
    September 15, 2024 at 8:40 pm

    Both were marked modular. So i think it is where I marked something wrong. Tried with high down.

    below is screen shots

  • Cameron

    Member
    September 16, 2024 at 5:23 pm

    If it is ineligibible you are doing something wrong. Check the disclosures. It is a mistake. You probably checked off something you should not have checked or did not check something you should have checked.

    • Rhonda

      Member
      September 16, 2024 at 6:05 pm

      I figured it was a operator error.

  • Gustan Cho

    Administrator
    September 16, 2024 at 7:08 pm

    Rhonda, whenever it says ineligible, something was inputted wrongly. Probably disclosures. Ask Alex or Angie

  • Danny Vesokie | Affiliated Financial Partners

    Member
    September 16, 2024 at 11:01 pm

    You made the error if it’s ineligible per AUS

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