The mortgage underwriting industry has been undergoing a significant transformation in recent years. With the advent of technology and the increasing use of digital tools, the process of underwriting a mortgage has become faster and more efficient. According to recent studies, the average time it takes to support a mortgage has fallen from 40 days to as low as 10…
mortgage underwriting process
When an individual applies for a loan from a mortgage lender, he has to submit many documents such as his/ her credit history, income proof etc. All these documents and data get sent to the credit analyst, who takes the final call, whether to approve the loan or not. Do you know what do these credits analysts examine before arriving…