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1 article tagged “manual underwriting”
A 'Refer' result from the VA's automated underwriting system is not a denial, it is a signal that a human underwriter needs to review the file. For Tampa Bay veterans whose credit history includes past medical debt, a divorce, a prior foreclosure outside the waiting period, or a period of financial hardship tied to service, manual underwriting is the path that often leads to an approval the computer could not generate. Knowing what manual underwriting requires, what compensating factors carry the most weight, and which lenders will actually take the file makes the difference between buying a home and being told it is not possible.
