Sentences with phrase «loan underwriters decide»

Loan Underwriters decide whether to accept loan applications by evaluating whether or not the applicant has the legal, financial and credit resources to enter into the loan.

Not exact matches

The underwriter decides based on whether the loan will be profitable or not for the bank to offer (and subsequently re-sell the loan at a later point to another lender).
Once everything is in place, the loan then goes to underwriters who will carefully decide on a face to face basis if they feel they should lend to you.
A mortgage underwriter will decide your fate, and could deny you for any numbers of reasons, including spotty credit history, bad credit, expensive student loans, and just plain not being able to afford the monthly mortgage payment.
The reason debt is attractive is because the underwriter or the bank worked closely with the company and decided they could make the loan and the firm would repay it.
Junior Underwriters are entry - level employees who help decide if applications for loans or insurance cover can be accepted.
Mortgage brokers are the link between the bank and the prospective house owners, and mortgage underwriters are the ones who must study the data given to them about the client, and decide if the client should be given a loan.
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