Is Navy Federal Credit Union More Likely to do Manual Underwriting??

[Legal_Girl]

Just wondered if NFCU will automatically do Manual Underwriting or is it just dependent.  Would love to hear from those with experience with Mortgage with NFCU.  Oh, and mine is a VA loan.  Thanks everyone.

[ShanetheMortgageMan]

I don't think they'll automatically do manual underwriting.  Most lenders prefer to use automated underwriting since it makes the review process easier.  The better question would be, does NavyFCU do manual underwriting at all?  They are pretty conservative.  Your scores indicate that you'd have a good chance of getting approved through automated underwriting.

[Legal_Girl]

*****ShanetheMortgageMan ... Thank you.  So far pretty painless. NFCU received contract Monday and I locked into 4% on Tuesday. Appraisal has been ordered, today I faxed back disclosure docs and only had to provide 1 paystub as far as docs I personally have to provide.  My income is very good, my dti, both front and back end are low, credit scores good, and no unpaid collections or other derogs.  It is with a processor now, so hopefully the VA appraisal wiill go well and the inspection.  House build in 2005, so hopefully, no surprises.  Again, thank you, you are a big help to many people on these forums..I appreciate it.