Fannie Mae Release of DU Version 10.1

Fannie Mae will release DU Version 10.1 the weekend of July 29, 2017.  New loans submitted to DU on or after July 29, 2017 will be eligible for the enhancements implemented with DU 10.1.

Loans that were submitted to DU Version 10.0 and resubmitted after the weekend of July 29th, will continue to be underwritten to DU 10.0 requirements.

Highlights of the DU 10.1 release are as follows:

Maximum DTI

Fannie Mae is raising the maximum DTI to 50% so it is anticipated more loans will receive an “Approve/Eligible