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Underwriters

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7878
Established Member

Underwriters

What do underwriters look for?

 

I remember 11 years ago when we purchased our last home, closings were when all parties came to the table and signed all the forms.

 

Is this no longer the case?

Message 1 of 2
1 REPLY 1
DallasLoanGuy
Super Contributor

Re: Underwriters

Underwriting happens BEFORE closing. You aren't approved yet.

 

Underwriters are looking to see that all income/assets fit guidelines, they are also looking for fraud.

Many things really!! 

Retired Lender
Message 2 of 2
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