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FANNIE MAE UPDATED EXAM QUESTIONS AND CORRECT ANSWERS
- Exam (elaborations) • 3 pages • 2025
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FANNIE MAE UPDATED EXAM QUESTIONS AND 
CORRECT ANSWERS 
What Automated Underwriter does Fannie Mae use - CORRECT ANSWERS 
Underwriter (DU) 
Minimum Credit Score - CORRECT ANSWERS 
620 
Desktop 
Highest LTV for First Time Homebuyers (Fixed Rate Mortgage) - CORRECT ANSWERS 
on 1-unit primary 
Highest LTV for non-First Time Homebuyer (Fixed Rate Mortgage) - CORRECT 
ANSWERS 
95% on 1-unit primary 
Highest LTV for 2-unit primary (Fixed Rate Mortgage) - CORRECT ANSWERS 
97...
FANNIE MAE WRITTEN EXAM QUESTIONS AND ANSWERS 2023
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