Carrington began its journey to serve the underserved market four years ago by expanding guidelines and manually
underwriting government loan programs for credit challenged borrowers.
Not exact matches
Remember just a few short years ago when the
government through Fannie - Mae and Freddie - Mac allowed lenders and actually encouraged them to give a mortgage to someone even if they did not have the FICO score,
loan to value, income, or assets that should all be part of a sound mortgage
underwriting program to insure the smallest mortgage default rate possible.
The
government does help by providing oversight of debt counseling services and by
underwriting some mortgage
programs that are meant to provide
loans to those who do not qualify for standard home
loans.
The VA
loan program differs from these conventional
loans for several reasons, lower
underwriting guidelines, a
government guarantee, and numerous real deal cost cutting facets.
SUMMARY I have comprehensive knowledge of
underwriting guidelines and restrictions for conventional and
government - insured
loan programs for both conforming and nonconforming mortgages.
XYZ COMPANY, Sometown, ND Mortgage Underwriter, 2014 to Present
Underwriting Assistant, 2013 to 2014 Promoted within eight months of initial hire to provide underwriting services within large, full - service regional mortgage lender offering both conventional and government lo
Underwriting Assistant, 2013 to 2014 Promoted within eight months of initial hire to provide
underwriting services within large, full - service regional mortgage lender offering both conventional and government lo
underwriting services within large, full - service regional mortgage lender offering both conventional and
government loan programs.