Sentences with phrase «as a part of the underwriting process»

Because of this, it is not required for the applicant of a guaranteed acceptance life insurance policy to undergo a medical examination as a part of the underwriting process.

Many of the company's life insurance policies have short applications for coverage and do not require a medical exam as a part of the underwriting process.

This means that there would be no medical examination required as a part of the underwriting process — thus, making the policy easier to qualify for.

Lenders will always pull a copy of your consumer report as part of the underwriting process.

This is used as part of the underwriting process for some of the insurance providers and a record of this search will be made although this will not adversely affect your credit profile.

A bank will almost always request a credit report when you are applying for credit as part of its underwriting process.

Credit unions will want to perform a full credit check and get proof of income as part of their underwriting process.

When buying life insurance, a medical exam is what is typically used as part of the the underwriting process.

And, because there are no medical records to examine as a part of the underwriting process, the policy can be approved relatively quickly.

For an individual disability policy, you will probably have to submit some medical information as part of the underwriting process.

This is a summary of your medical history that is requested by life insurance underwriters as part of the underwriting process.

The insurance company does not run a credit check as a part of the underwriting process.

Just like with a personal policy, all drivers who are listed on the policy have their records considered as part of the underwriting process.

There are no medical exams performed as a part of the underwriting process, nor are any tests performed.

For those who are applying for traditional life insurance coverage, it is likely that a medical exam will be required as a part of the underwriting process.

As its name implies, no exam life insurance does not require an applicant to undergo a medical examination as a part of the underwriting process.

Besides securing the loan with collateral, lenders also consider your income as a part of underwriting process.

As part of the underwriting process in most states, Effective Coverage orders an insurance score based upon your credit history that may be used to underwrite and price your policy.

Of note to one reader's question, lenders do not need a FICO score to submit a mortgage to the federal housing agencies for insurance, but the GSEs do require all three raw credit reports be pulled into a «Tri Merge» file as part of the underwriting process.

Fundbox doesn't even look at your personal credit score, instead requiring business owners sync their accounting software as part of the underwriting process.

Lenders also review whether you have sufficient cash - to - close as part of the Underwriting process.

The reason it takes quite a while is because often times if a company want to you to complete a medical exam, they will also want to obtain your medical records as well as a part of the underwriting process.

These plans do not require a medical exam to be taken as a part of the underwriting process — and because of this, many applicants who have certain health issues are still able to qualify for the coverage that they need.

Typically when you apply for life insurance, you go through a paramedical exam as part of the underwriting process.

There is no medical examination required as a part of the underwriting process, and acceptance for this coverage is based primarily on an AARP member's answers to just a few health - related questions and other information that is provided.

Members of AARP who are between the ages of 50 and 74 are eligible to apply for this coverage — and, because there is a simple application to complete, as well as no medical examination as a part of the underwriting process — most of those who apply for this coverage will be accepted.

As part of the underwriting process in most states, The Murray Group orders an insurance score based upon your credit history that may be used to underwrite and price your policy.

Business insurance companies, for example, assess a business's report as part of the underwriting process.

* Mortgagees must determine, as part of the underwriting process, that the reset of the non FHA ARM monthly payments caused the mortgagors inability to make the monthly payments and that the mortgagor has sufficient income and resources to make the monthly payments under the new FHA insured refinancing mortgage.

As part of the underwriting process every lender will pull the credit report for both the borrower and cosigner.

As part of the underwriting process, bankers often have a risk assessment already in place to determine if they should grant a loan.

As part of the underwriting process, SoFi will take a look at your overall employment history, what kind of money you're making, and how your income stacks up against your monthly expenses.

As part of the underwriting process, you may need to take a medical exam that's similar to a basic physical.

Life insurance companies use something called a «Build Chart» as part of the underwriting process.

There are some people that think that because a company doesn't require a medical exam as a part of the underwriting process that they will be able to get approved easier if they have a know preexisting condition.

Medical Examination Sometimes required as part of the underwriting process, this is the physical examination of an applicant by a qualified medical professional to determine the applicant's insurability.

Once you've provided the required information, the insurance company will review it as part of the underwriting process.

Typically when you apply for life insurance, you go through a paramedical exam as part of the underwriting process.

As part of the underwriting process, you may need to take a medical exam that's similar to a basic physical.

Unlike a fully underwritten life insurance policy that calls for a blood and urine sample, no exam policies — as their name suggests — will not require this as a part of the underwriting process.

Most of the policies that are offered through Transamerica will require the applicant to undergo a medical exam as a part of the underwriting process.

An applicant will need to take a medical examination as a part of the underwriting process.

For those who are between the ages of 18 and 50 years old, term life coverage of up to $ 100,000 in face amount may be able to be purchased without the need to take a medical examination as a part of the underwriting process.

As part of the underwriting process, an individual's health information may be used in making two decisions: whether to offer or deny coverage and what premium rate to set for the policy.

As its name implies, no medical exam life insurance coverage will not require that an applicant undergoes a medical examination as a part of the underwriting process.

The first will require full underwriting while the second will not require a medical examination as a part of the underwriting process.

For those who wish to obtain life insurance quickly — and who do not want to (or do not have the time to) go through a medical examination as a part of the underwriting process — there is no medical exam life insurance.