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Mortgage Terms: Underwriting Definition

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Mortgage Terms: Underwriting Definition

Underwriting

Definition

The process of examining all the data about a borrower's property and transaction to determine whether the mortgage applied for by the borrower should be issued.

The person who does this is called an underwriter.

Related Terms

Other terms related to 'Underwriting' starting with the letter 'U'

Upfront Mortgage Lender, Upfront Mortgage Broker UMB, Underwriting requirements, Underage

Browse by Letter »   1 4 A B C D E F G H I J L M N O P Q R S T U V W Y

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