All transactions must be scored through TOTAL Mortgage Scorecard, except Streamline Refinance transactions, assumptions and Mortgages made to nonprofit/Governmental Entity Borrowers.
Mortgagees must manually underwrite all Streamline Refinances in accordance with the guidance provided in Handbook 4000.1: II.A.5. The Mortgagee may score the mortgage through TOTAL Mortgage Scorecard, but the findings are invalid.For additional information see Handbook 4000.1, Sections II.A.4.a.; II.A.8.d.vi.(C)(1)(a)-(b); and II.A.8.d.vi.(C)(4)(b) available at: https://www.hud.gov/program_offices/administration/hudclips/handbooks/hsgh