Manual underwriting (Real Estate - Mortgage Brokers)

Item ID 15489772 in Category: Real Estate - Mortgage Brokers

Manual underwriting
Manual underwriting is a process used by lenders to assess a loan application when automated underwriting systems cannot provide an approval or when a borrower doesn't meet the standard criteria. Unlike automated underwriting, which relies on computer algorithms to evaluate a borrower's creditworthiness, manual underwriting involves a more hands-on approach by human underwriters.Manual underwriting is commonly used in situations where borrowers have unique financial circumstances, and it provides a way for lenders to make lending decisions based on a more holistic and individualized assessment.
Related Link: Click here to visit item owner's website (0 hit)

Target State: All States Target City : All Cities Last Update : Dec 28, 2023 3:18 AM Number of Views: 95	Item Owner : Gustancho Mortgage Contact Email: Contact Phone: (None)

Friendly reminder: Click here to read some tips.

2024-04-30 (0.221 sec)