Sentences with phrase «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.

Your debt - to - income ratio is a critical part of the underwriting process as well.

Part of the underwriting process reviews the appraisal of your prospective home to make sure its value matches the size of the loan you are requesting.

They did ask for a lot of information (I also have rental real estate), but I think it is just a required part of the underwriting process now.

This is just a small part of the underwriting process.

Another common part of the underwriting process is to review medical records.

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.

Part of its underwriting process includes evaluation of college attended, grade point average and SAT scores, with loans of $ 1,000 to $ 50,000 available nation - wide (except for West Virginia), with terms of three or five years.

This is an important part of the Underwriting process as the annual cost of the insurance is a component of your total monthly housing cost & impacts your closing costs.

Guaranteed issue life is specifically designed for applicants who are otherwise ineligible for life insurance and don't want to complete the detailed medical questionnaire and physical exam that are normally part of the underwriting process.

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.

Insurance companies will require that you go through a medical examination as part of the underwriting process (you can avoid this by purchasing a no medical exam life policy, but that will come with a higher premium rate).

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.

Insurers are starting to make cognitive impairment testing a part of the underwriting process for larger life insurance cases...

A bank will almost always request a credit report when you are applying for credit as part of its 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 will always pull a copy of your consumer 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.

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

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.

It's just a part of the underwriting process.

This is an important distinction, and part of the underwriting process.

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.

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

Consumer reports are part of the underwriting process.

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

Part of the underwriting process is obtaining a satisfactory explanation from you regarding any gaps in your employment history, and they must feel confident that you are very likely to continue your employment while you're still paying your mortgage.

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

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

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

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.

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.

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.

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.

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

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.

There isn't much to be done with this part of the underwriting process.

Part of the underwriting process for a level term no medical policy includes a check of your medical information bureau (MIB) record as well as a cross reference of the prescription drug database.

This is part of the underwriting process, when a medical examiner will perform a physical to get an idea of your current health.

For an individual disability policy, you will probably have to submit some medical information 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.