What is mortgage underwriting?2018-04-30T18:14:42+00:00

[et_pb_section bb_built="1"][et_pb_row][et_pb_column type="4_4"][et_pb_text _builder_version="3.0.91" background_layout="light"]

This is the process where your level or risk is determined to find out if the terms of the loan will be acceptable. The underwriter also verifies your documentation and finances in order to insure that you will be able to meet the loan repayment requirements. Many look at capacity (do you have the means to pay off the debt), credit (do you have a solid credit and repayment history), and collateral (what is the home worth).