Originating & Underwriting
Solutions that help meet tomorrow's mortgage needs today.
With industry leading mortgage technologies, we enable lenders to successfully originate and underwrite loans with speed and efficiency. Our products are designed to:
- Help grow your business and support your borrower’s needs
- Deliver speedy and efficient underwriting recommendations intuitively aligned to your process and loan origination systems
- Provide comprehensive credit risk assessment with fewer touchpoints and corresponding financial and operational impacts
Lenders also can receive freedom from certain representations and warranties and help reduce manual processes and cycle times through Day 1 Certainty®.
If you are not yet a Fannie Mae Seller, click here to learn more about the process to become one.
New! Evaluating Rental Income eLearning course – covers eligibility, documentation, and more, with scenario examples and resources.
Featured origination technology solutions
DU and DO
The underwriting powerhouse Desktop Underwriter® (DU®) & Desktop Originator® (DO®) connects our technologies, simplifies processes, and has processed more loans than any other origination system.
DU Validation Service
Validate a borrower’s income, assets, and employment to process more loans faster while giving a superior customer experience.
Collateral Underwriter (CU)
Receive an automated risk assessment of an appraisal report through CU® to streamline review and proactively manage appraisal quality to originate mortgages.
Condo Project Manager
Stay on top of condo projects with this web-based checklist ensuring projects are meeting Fannie Mae’s project acceptance standards.
With EarlyCheck™, lenders identify and correct potential eligibility and/or data issues early in their processes and prior to loan delivery.
Uniform Collateral Data Portal
With UCDP, electronically submit appraisal reports for conventional mortgages delivered to Fannie Mae or Freddie Mac.
Featured mortgage products
97% LTV Options
View 97% LTV/CLTV/HCLTV financing options that help you serve qualified first-time home buyers and support refinance of Fannie Mae loans.
The HomeReady® mortgage includes innovative income flexibilities that can help your customers qualify for an affordable mortgage with a down payment as low as 3%.
A refinance option that provides expanded eligibility, resulting in new opportunities for you and your borrowers.
Learn how HomeStyle® Renovation provides a convenient and flexible way for your customers to finance home improvements and repairs as part of the purchase or refinance mortgage.
Whether purchasing a home or refinancing their current one, help your borrowers finance upgrades to reduce utility costs and improve the comfort and safety of their homes with a HomeStyle® Energy mortgage.
See how our innovative offerings, including MH Advantage®, can support affordable alternatives to site-built homes.
Loan Limits to increase in 2023
Details on the 2023 general and high-cost area loan limit values and updated resources are available on the Loan Limits page. The new loan limit for most of the country is $726,200, indicating a 12.21% increase over the 2022 limit.
Flood insurance coverage calculator for lenders
Now it’s easier for lenders to determine the minimum flood insurance coverage we require. To simplify your underwriting and reduce the risk of errors, use this coverage calculator for 1- to 4-unit properties, PUDs, detached condominiums, attached condominiums, and co-ops.
New Fannie Mae Directive
Effective June 1, 2021, Fannie Mae implemented requirements applicable to certain employees applying for employment or seeking personal business opportunities with Fannie Mae counterparties. Read more about this directive.
How personal financial management solutions might reshape consumer access to mortgage lending
Learn how the growth of digital personal financial management solutions (PFMs) could potentially create opportunities for lenders to deliver more personalized borrower solutions and enable consumers to better understand their finances and mortgage options. This infographic explores PFM user stages and potential lender opportunities.
Streamline your refinance process
With mortgage rates near all-time lows, the demand for refinancing remains high despite the COVID-19 pandemic. Borrowers are attempting to take advantage of the low rates, while lenders grapple with the surge in refinance volumes and the backlog of mortgage loan applications.
Learn more about the solutions that can remove steps in the refinance process by leveraging appraisal flexibilities available for Fannie Mae-owned loans.
GSE Validation and Approval of Credit Score Models
Fannie Mae and Freddie Mac (the GSEs) have announced an updated credit score model approach. Visit the Credit Score Models page to learn more about the update and how Fannie Mae uses credit score models and credit scores.
FAQs for Revised QM Eligibility
These FAQs address common lender questions about loan eligibility under the Preferred Stock Purchase Agreement and Revised General Qualified Mortgage Rule (Revised QM) effective for all loans with application dates on or after July 1, 2021.
This webpage features information, updates, and resources, including FAQs, playbooks and timelines, to help you transition to alternative reference rates.
Fannie Mae partners with lenders to decrease risk. Together, our shared commitment increases the level of quality and risk oversight delivering certainty to lenders and Fannie Mae. Learn more.
Affordable Housing Initatives
Fannie Mae continues to help increase access to mortgage credit in all communities across the nation. Learn more about our efforts to grow affordable housing supply and support continuing the education about sustainable homeownership within the industry. Fannie Mae also provides multi-language resources for lenders.
Uniform Mortgage Data Program
The Uniform Mortgage Data Program® (UMDP®) is an effort undertaken jointly by Fannie Mae and Freddie Mac at the direction of the Federal Housing Finance Agency to enhance data quality and standardization.
Simplify the Cycle
DU® Validation Service
Validate a borrower’s income, assets and employment to process more loans faster while giving a superior customer experience. Learn more.
Without Data Standards, the Mortgage Industry Doesn’t Go Digital
This white paper describes the importance of a foundation based on data standards as the mortgage industry moves to innovate and deliver the digital experience borrowers want.
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