Mortgage underwriters are the fact-checkers of the home loan approval process, ensuring that the financial picture you portrayed in your application and the documentation you provided are accurate.

Navigate the mortgage process with ease. Learn the six essential steps from pre-approval to closing and make informed ...

When you apply for a mortgage loan, you’re asking to borrow money from a lender. Lenders use the mortgage underwriting process to assess how risky it is to provide you with that loan. In the same way ...

For borrowers in a still-hot housing market, getting approved for a mortgage can be a challenge. Mortgage rates have soared from pandemic-era lows, home values are near record highs and home price ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...

Underwriting occurs when individuals or organizations assume financial risk in exchange for payment. Financial risk is the risk that a company may not generate enough cash flow or revenue to fulfill ...

A loan processor prepares a mortgage loan application for consideration by the loan underwriter. The loan processor requests credit reports and gathers documents from the applicant as part of getting ...

Recent SBA loan changes usher in a return to stricter underwriting and a more rigorous application process. Many, or all, of the products featured on this page are from our advertising partners who ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

The cost to originate a loan has continuously increased over the years, hitting a peak of over $10,000 despite the injection of multiple technologies into the mortgage origination process. Touchless ...