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What is FHA Manual Underwriting? It's the secret to helping would-be homebuyers with past credit issues. #FHALOAN #Manualunderwriting _________________________________________ ⭐Have Questions or Ready to get Pre-Approved? https://WorkwithChanning.com ⭐ Call or Text Me: My cell phone is 337-476-2653 I am happy to help. Let’s get you home!:) ⭐My Google Reviews: https://tinyurl.com/bayoureviews _____________________________________________________ FHA has flexible credit requirements and manual underwriting is like a secret key that unlocks the door. If you've been told you can't be approved, a manually underwritten loan may be just what you need. Timecodes: (00:00) Introduction (00:33) Understanding Manual Underwriting (01:02) Automated Underwriting System (AUS) Explained (01:29) Working with Lenders and Overlays (01:55) Debt-to-Income Ratio Guidelines (02:27) Front-End and Back-End Debt-to-Income Ratios (02:53) Credit Scores and Manual Underwriting (03:18) Compensating Factors for Increased Ratios (03:51) Reserves: How Much Do You Need? (04:25) Reserves, Down Payment, and Closing Costs (04:48) Verifying Rent and Living Arrangements (05:14) Explaining Derogatory Credit (06:11) Conclusion and Closing Remarks What Is Manual Underwriting? https://bayou-mortgage.com/mortgage-1... Want to learn more about FHA Loans? https://bayou-mortgage.com/fha-loan Channing Moore Owner, Bayou Mortgage NMLS # 1235512 Company NMLS # 1845349 Equal Housing Lender Licensed in the State of Louisiana & Florida Company Address: 791 Bayou Pines East Unit 5 Lake Charles, LA 70601