Eligibility Check

Start with core loan attributes: loan amount, borrower credit, debt-to-income ratio, and property type. Cross-reference these against relevant GSE guidelines, including loan limits and LTV thresholds. Verify occupancy status,lien position, and appraisal type align with product rules—especially for non-conforming scenarios like cash-out refinances or investment properties. Missing one field can disqualify the loan for GSE purchase, triggering costly rework or private-label routing.

Private label eligibility adds another layer: sponsors often require tighter LTVs, higher credit scores, or minimum residual income for certain product types like jumbo or bank statement loans. Use standardized field mappings to auto-flag inconsistencies. Check if the loan falls within a sponsor's current appetite—some exclude loans with specific occupancy statuses or construction-permanent structures. Validation speed depends on clean, structured data, not manual lookup.