Stamp of Approval!!!
On Friday, 3/20, my loan officer called and said it was time re-pull credit. I didn't have any issues, just had some debt to pay down and improve my score. I did as I was asked and my score improved significantly. I received an Approve/Eligible via Desktop Underwriting...which means based on the data submitted, the loan is eligible for Fannie Mae's limited waiver of certain mortgage eligibility and underwriting representations and warranties, and if all conditions have been met, the loan is eligible for delivering top Fannie Mae. TRANSLATION: I should have no problem at time of closing.
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