When you apply for a mortgage loan, the lender will evaluate your loan application closely. After the loan officer collects all of the appropriate information from you, it will be sent to a mortgage underwriter. Home loan underwriting is an important step in the process of getting approved for a mortgage. Every loan must go through underwriting in order to get approved. If you understand how underwriting works, you’ll be less likely to get impatient or frustrated with the process.

What is Underwriting?

Underwriting is a process that helps the lender determine if you are a good credit risk to work with. Continue reading this post >>

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