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Mortgage Terms: Underwriting Requirements Definition

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Mortgage Terms: Underwriting Requirements Definition

Underwriting requirements

Definition

The standards imposed by lenders in determining whether a borrower qualifies for a loan.

These standards are more comprehensive than qualification requirements in that they include an evaluation of the borrower’s creditworthiness.

Related Terms

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

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

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