Technology Open to Approved Lenders (TOTAL)

Technology Open to Approved Lenders (TOTAL)

Technology Open To Approved Lenders (TOTAL) refers to FHA’s TOTAL Mortgage Scorecard, which evaluates the overall creditworthiness of the Borrower, based on a number of credit variables and, when combined with the functionalities of the Automated Underwriting System (AUS), indicates a recommended level of underwriting and documentation to determine a loan’s eligibility for insurance by the FHA.