The
AU Scoring checkbox only appears if you have registered for this
service. If the checkbox does not appear and you want to have your
loans AU scored, contact your IMX Technical Service
Representative by email at IMX Customer Service
To prepare a loan for automated underwriting, place a checkmark in the AU Scoring checkbox. This expands the sections IMXBroker to collect the additional information needed for AU Scoring and authorizes IMX to submit the loan to Loan Prospector for scoring when the loan is posted.
Only loans with a "Conventional" Loan Category and a "First" Lien Position can be AU Scored. Other required entries are Loan Amount, Loan Purpose, and Document Type.
The Property Address including City, State, Zip, and County is required for AU Scoring. For more information, see Entering Address Information.
If Development Type is "Condo-Low Rise" (less that 4 stores high) or "Condo-High Rise", then Condo Class cannot be blank.
To qualify as a "PUD" Development Type, the development must have all of the following characteristics:
The individual unit owners own a parcel of land improved with a dwelling. This ownership is not in common with other unit owners.
The development is administered by a homeowners association that owns and is obligated to maintain property and improvements with the development such as greenbelts, recreation facilities, and parking areas for the common use and benefit of the unit owners.
The unit owners have an automatic, nonreversible interest in the homeowners association and pay mandatory assessments.
For the purpose of this definition, a Condominium Project is not a PUD.