Sentences with phrase «basic loan underwriting process»
Once you have an accepted offer, the basic loan underwriting process is fairly standard compared to other mortgage loans, with a few additional items needed:
https://firsttimehomebuyer-mn.com/ Not exact matches
Automated underwriting is the process of running the applicant's information through a computer program to determine if the basic qualifications are met for a home loan.
Mortgage Clerk • Process basic and specific loan files including FHA, VA and Conventional • Control and resolve customer / bank attorney / sales force inquiries on phone or in person • Ensure all forms and lists related to a certain product are complete • Prepare files for underwriting and closing • Prepare files for submission to MI companies • Ensure mortgage compliance • Provide advice and guidance to management and staff