Mortgage Underwriting Policy Manual

Mortgage Underwriting Policy Manual

Tasked by current legislation, agency guidelines or your corporate infrastructure to create your company's underwriting manual? Have you translated CFPB guidance for ATR and QMs into your underwriting standards? Don’t know how to get started? We do, with our Mortgage Underwriting Policy Manual. This complete, 112-page, turnkey template is delivered in an MS Word document and ready for personalization with your company's name and company-specific information.

Use this manual for your employees or external customers based on your business model. This manual includes sections on Ability To Repay, Qualified Mortgages, Appendix Q variances with employment, income and liability guidelines, as well as Conventional and Government Loans. Read below to learn about product benefits, the Table of Contents and take a peek at selected pages.

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Mortgage Underwriting Policy Manual
        • $825.00
    1. Mortgage Underwriting Policy Manual - Maintenance Plan +$100.00
    1. Mortgage Underwriting Policy Manual - Make It Mine +$825.00
    1. Mortgage Underwriting Policy Manual Make It Mine Maintenance + $425.00

Customize Your Manual with the Make It MINE Option

The AllRegs Professional Services Group presents the Make it MINE option for our entire library of Policy Manuals. What does it mean to Make it MINE? It means AllRegs Professional Services team will take any of our off the shelf Policy Manuals and make it yours!

Why You Need It:

  • Receive a manual customized to fit you. Your company's policies, name and logo will be included in the final product. AllRegs Professional Services Group will incorporate key details on your company, such as department managers, key personnel/decision makers, and contact information.
  • Save time and resources with the AllRegs Professional Services Group. We conduct an interview to address those needs and make the appropriate revisions based on the results.
  • When you Make it MINE, your company retains the copyright to the material, since we made it just for you!

Stay Current with the Policy Manual Maintenance Plan

Don’t you want to get the most out of your Standard or Make it MINE Policy Manual? Of course you do! Each Make it MINE or standard policy manual is sold as-is. When you subscribe to a Standard or Make it MINE Policy Manual Maintenance Plan, we will deliver a guaranteed minimum of one annual update, with a red-lined version indicating changes and a final version with changes implemented. If federal regulations or best practices affecting the manual change throughout the year, updates will be provided as changes are made. Subscribe now for only $100 per year for each Standard Manual, or $425 per year for each Make it MINE Manual.

To add this to your purchase today, add the Maintenance Package to your Manual selection under "Make it MINE or Get Updates" option when adding this product to your cart.

Why You Need It:

  • Reduce mistakes and improve communication when you need to update your staff promptly on new changes.
  • Revise your policy manual quickly with the latest information.
  • Manuals with the Make it MINE Maintenance Plan are updated for any changes within your company. The AllRegs Professional Services Group does the work for you to keep your manual looking top-notch.

Publishing Services

Publish your manual, including your company procedures, in AllRegs Online as an upgrade to your complete policy manual solution. Ask us how!

Would you pass a Policy Library Audit?

The experts with the AllRegs Professional Services Team offer a complete policy manual review. Our team will help you evaluate your current policies for compliance regulations set in place by federal agencies like the CFPB. You will receive a summary report of gaps and risk assessment in a format that encourages best practices and compliance with new and upcoming industry regulations. Don't wait for your audit, evaluate your policy library today!

The plan features the following benefits:
  • Complete AllRegs' Mortgage Underwriting Policy Manual, saving you development time and resources
  • Applicable for employees or external customers based on your business model
  • Includes sections on Conventional and Government Loans
  • A 112-page plan template is delivered via email within one business day after purchase
  • Formatted in an editable MS Word document
  • Ability to personalize the plan or manual with your company brand by performing a simple find and replace function
  • Customizable by you, with your internal policies and procedures
  • Ability to add, delete and update your plan to suit the business model of your organization
  • Meet your regulatory or internal compliance requirements
  • Affordable one-time purchase fees

Why You Need It:

  • To manage and regulate your credit policies so that you can do business
  • To communicate to your employees and customers the requirements needed to do loans
  • Save your outsourcing dollars! When you put our Mortgage Underwriting Policy and Procedure Manual in place, you won't need to hire a Consulting, Quality Control or Law Firm to create your plan.
  • Reduce your internal resources' time allocation on creating policy and procedure manuals. You'll save time and staff efforts when you implement our Mortgage Underwriting Policy Manual, created based on industry best practices.

Even better, the following sections were improved as part of an annual revision (2/2015):

  • Section 1 Introduction - Added
  • Section 2 Accountability and Monitoring - Added
  • Section 3 Staffing and Training - Added 
  • Section 5 General Requirement - Revised
  • Section 6 Fannie Mae Desktop Underwriter© - Revised
  • Section 8 Conforming Conventional Loans - Revised
  • Section 11 Nonconforming Conventional Loans - Revised
  • Section 12 Relocation Guidelines - Revised

Fees and Fulfillment

  • The AllRegsMortgage UnderwritingPolicy Manual is available for a one-time fee of $825 for the standard manual.
    • For standard policy manuals, agreement to our License Agreement is required, and the template cannot be shared or sold.
    • After you place your order, you will receive the document via email within one business day.
  • Customize this policy manual with the Make it MINE option for $825, for a total policy manual fee of $1,650.
  • Add the Maintenance Plan to your Policy Manual to receive at least one annual update per year.
    • The Maintenance Plan is $100 annually for Standard Policy Manuals or $425 annually for Make it MINE Manuals.
  • Identify your Make it MINE and Maintenance Plan options when you add this product to your cart.

Mortgage Underwriting Policy ManualMortgage Underwriting Policy Manual with the Maintenance PlanMake it MINE Mortgage Underwriting Policy ManualMake it MINEMortgage Underwriting Policy Manual and Maintenance Plan
Product Price$825 / manual $100 / year$825 / manual $425 / year
Total Price$825 $925 $1,650 $2,075

For more information, call our sales and customer service department at (800) 848-4904 or email

What's Included:

There are 13 sections and over 100 pages in the AllRegs Mortgage Underwriting Policy Manual:

  • General Information
  • General Requirements
  • Fannie Mae Desktop Underwriter
  • Freddie Mac Loans Prospector
  • Conforming Conventional Loans
  • Appraisal Standards
  • Specific Property Types - Eligible Products
  • Non-conforming Conventional Loans
  • Government Loans
  • Interest Only Guidelines
  • New Construction
  • Relocation Guidelines
  • Monthly Savings Plan Feasibility Worksheet
Download table of content & sample pages

This manual was authored by the AllRegs Professional Services group. Our staff of industry experts creates training materials, policy manuals, guides, commentary, and other content as a part of our core products. Our expert authors are industry veterans and understand the mortgage business from origination to closing to the secondary market.