Tag: <span>approval</span>

Post

UNDERWRITING: WHAT DOES THIS MEAN?

What is underwriting? Underwriting is the process of reviewing the loan package to determine whether it meets the established criteria to approve the loan. An underwriter reviews the loan package, including, the loan application, tax returns, paystubs, bank statements, retirement account statements, contract (if a purchase) and appraisal to determine whether the documents will meet...