what is the difference between automated approval and manual

[Anonymous]

underwriting.  I have heard that if you get through automated you are good to go.  How do you know if you can make it through automated?  Are the requirments stricter?  what all is involved in a manual?  I am waiting until hubbys middle score is at least a 620 before we apply.  Hoping that it won't be long.   We are definitely going FHA. 

[DallasLoanGuy]

file is run thru a computer for approval. if approved, then the manual underwrite part is just validating the input data.

if not approved, then the manual underwrite part is approving/denying the loan.

[Anonymous]

How hard is it to through automated?  What kinds of things would disqualify you for automated?

[DallasLoanGuy]

easier thru automated.... you can go beyond the published debt ratios, for example.