Sentences with phrase «underwriting during the application process»

The more underwriting during the application process, the lower the rates you'll typically receive.

Not exact matches

That's why they're used during the mortgage application, underwriting and approval process.

But this number is not set in stone, and it's only one of several factors considered during the application and underwriting process.

Underwriting fees, document preparation fees, and processing fees — These are costs incurred during the loan application process.

Your business» financials will also likely be scrutinized during the underwriting process of your loan application.

The best part is, this is the only time you'll have to go through the underwriting process during the life of your policy because your premium will be locked in after your first application.

It isn't required, but we strongly encourage you make your first payment along with your application in order to obtain temporary life insurance coverage during the application / underwriting process.

Most companies provide some temporary coverage during the application / underwriting process (assuming certain conditions are met).

In the event there is any delay caused on the part of the insurer in conducting medical tests or during the process of medical underwriting or issuance of insurance policy or any service provided by the insurer in connection with the insurance policy issuance, not exceeding a period of 3 months from the date of your insurance policy application

During the underwriting period — the part of the application process where the life insurance company is assessing your risk — the insurer will look at your driving record to see if you're a risky driver.

All term life insurance companies will have you go through something called «underwriting» during your application process, which is a fancy name for looking at a bunch of charts and deciding how risky it is to insure you.

Typically, it would take about ~ 4 weeks from the point of you submitting the term life insurance application and receiving approval, if there are no issues encountered during the underwriting process.

At AIG Direct, your agent will arrange a medical exam (if required) and follow - up on the progress of your application during the underwriting process.

It's also going to be difficult to provide an accurate life insurance quote for someone who has been diagnosed with bigeminy or premature ventricular contraction simply because unless we know what the «root» cause of your bigeminy we simply won't know for sure how a life insurance underwriter will treat your life insurance application during the underwriting process.

To tell the truth During the life insurance application and underwriting process, you may be required to get a medical examination to verify your health.

If a carrier finds that there was misrepresentation during the life insurance underwriting process (usually application or paramed exam) within the first two years of the policy, the carrier can contest the insurance contract and potentially not pay the death benefits.

MoFin provides borrowers with a Borrower Portal where you can upload documents and check the status of your application at any time during the underwriting process.

With these loans there is effectively a two - tiered underwriting process — by the FHA - approved HUD lender initially and later by HUD during the application approval process.

Write about the different things that can go wrong during the application, underwriting and approval process.

That's why they're used during the mortgage application, underwriting and approval process.