DU Jumbo Loan definition

DU Jumbo Loan means a Jumbo Loan underwritten by Seller pursuant to underwriting authority delegated to Seller by an Approved DU Jumbo Takeout Investor
DU Jumbo Loan is a Jumbo Loan in respect of which the authority to underwrite, process and approve it has been delegated to Seller by an Agency or other related Approved Takeout Investor.