Loan Lookup API
The Loan Lookup API enables lenders to determine in real time if a loan is owned by Fannie Mae for the purpose of identifying eligibility for underwriting and/or appraisal flexibilities.
Lenders can submit minimal data for multiple borrowers at once and receive a response indicating whether each borrower’s loan is owned by Fannie Mae. The API is provided pursuant to the terms and conditions set forth in the Desktop Underwriter® (DU®) Schedule to Fannie Mae’s Software Subscription Agreement.
Operational efficiencies
- Automates the process of confirming ownership for up to 100 loans at a time and streamlines the steps in the origination process.
Reduced data inputs
- Minimal data is required as an input – just a borrower’s name, property address, and the last four digits of their social security number.
Bulk identification
- Verify ownership for up to 100 loans at a time.
When would I use this API?
Lenders can proactively identify loans within their refinance pipeline that may be eligible for underwriting and/or appraisal flexibilities.
These flexibilities allow lenders to prioritize loans that could benefit most from an abbreviated process by streamlining the steps for processing these loans.
Start simplifying your refinance process today
Contact your Fannie Mae account team to get started.
See the Quick Start Guide for details.
