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Auto Approval vs Manual Underwriting

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I am new to the mortgage process, and I have a question regarding underwriting. What is the REAL difference between manual and auto approval? For instance, if my mid score is say 700, but there is a baddie present, will an auto approval guarantee loan funding or at some point will human eyes review each tradeline and possibly place conditions on the loan? Thanks all!

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I am new to the mortgage process, and I have a question regarding underwriting. What is the REAL difference between manual and auto approval? For instance, if my mid score is say 700, but there is a baddie present, will an auto approval guarantee loan funding or at some point will human eyes review each tradeline and possibly place conditions on the loan? Automated approvals are a good indicator of how the process will go however it is never a guarantee. It is only as good as the info you put in and your ability to document and prove what you share (income assetts etc.). Human eyes will always be the final say - The big difference is that automated has higher tolerances than an underwriter would if it were a manual. They must follow the guidelines for debt to income so you could end up qualifying for less..Thanks all!

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