"Tighter underwriting" refers to a stricter process by lenders to evaluate and approve loans. This means they are being more cautious and rigorous in assessing a borrower's financial situation and creditworthiness before extending credit.
Sentences with «tighter underwriting»
«Credit profiles that fail to meet tighter underwriting standards are conditions that continue to work against first - time home buyers,» according to the report. (nvbr.com)
More stringent mortgage rules and tighter underwriting requirements have purposely slowed down the market's growth. (mortgagetalkcanada.ca)
While the market continues to move, we still have to deal with tight underwriting, which is keeping prices artificially low. (rismedia.com)