Wells Fargo Home Mortgage HNMA Launches Automated Underwriting System - HAUS - for Underserved Hispanic and Immigrant Segments in the Mortgage Industry
14 /PRNewswire/ -- The Hispanic National Mortgage Association (HNMA) announced today it has launched HAUS, the first automated mortgage underwriting system that is calibrated to make credit …SAN DIEGO, Nov. There is no upper age limit set by HUD for the borrower. Nor is there a certain income level that the borrower must achieve in order to buy a home at a certain price. And although income is certainly an important factor, it is simply one of the several determining factors which are used by the HUD to find whether the borrower will be able to repay the mortgage.
