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what does DU"" mean

i hear DU this and DU that.. what is it abreviation for?

stacy's picture
stacy | Joined: September 25, 2007 12:05 pm | Posts: 0 | Location: New Jersey | 00 Dollars($)

Desk Top Underwriter

Like | Dislike | Share | Posted: Fri, 02/05/2016 - 01:36 | Post subject:

jerry's picture
jerry | Joined: October 17, 2005 03:24 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

Hi mariolemieux,

Du stands for Desktop Underwriting. This is an automated underwriting system which reduces the time requird to underwrite a mortgage loan application. It can also reduce the overall cost of originating a mortgage.

Thanks,

Jerry

Like | Dislike | Share | Posted: Fri, 02/05/2016 - 01:36 | Post subject:

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