... does the 'so long' only usually apply if you're going through manual underwriting?
We were pre-approved through FHA a couple of weeks ago and have been told we've got through the automatic underwriting - our loan officer seems to think that 'our' part of the whole thing is a done deal, and everything just hinges on the appraisal etc now... I can see on our loan paperwork that we got 'accept or approve' - but there are still a couple of not-quite-standard things in our circumstances - me having less than two years in my current job, for example.
Can any mortgage/FHA expert tell me what it actually means to 'pass' the automatic underwriting? The mid score being used is my husband's, - 676 (Experian) - our DTI (including the new mortgage) comes out at under 29%... the loan officer has said we are 'good to go' pending appraisal report, etc, but I can't help imagining some underwriter examining our entire life histories in fine detail (I moved to the US a year ago, 7 months sans employment pending green card approval... 4 months in new job, albeit same position, etc etc etc)... can anyone shed any light as to what will REALLY happen?