Product Highlights

The Jumbo AUS program complements our existing Jumbo program. Key benefits include documentation relief, particularly in regards to asset documentation (income documentation still requires full doc). In addition, reserves are streamlined, as in some cases, you only need to follow reserve requirements from the DU Approve/Ineligible or LPA Accept findings. The Jumbo AUS program allows a slightly higher DTI ratio than manual underwrite (45% vs. 43%).

Guidance & Documents