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Underwriting Question

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ktm214
Frequent Contributor

Underwriting Question

I was asked for a LOE today. Does that mean that I am in underwriting? Thank You
Message 1 of 3
2 REPLIES 2
Lemontwist4
Frequent Contributor

Re: Underwriting Question

It could mean you are in UW or they are getting your file ready for UW. Don't be afraid to call or email your LO and ask them where you are in the process good luck Smiley Happy
Sent to USDA on August 14th 2013 Approved September 5th CLOSED September 9th!!!!!
Message 2 of 3
foofighter74
Established Contributor

Re: Underwriting Question

Yeah, from what i've seen and read, a good loan processor will look at your entire file and figure out whether a LOE may be needed for any credit issues before it's passed on to underwriting. 

Message 3 of 3
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