What Is Mortgage Underwriting And How Can It Stop You From Getting A Home Loan?

The final step in the home mortgage processing is underwriting. This the step where a mortgage underwriter digs deep into your financials (income, taxes, savings, etc.) to make sure you can afford to borrow the money you have been preapproved for. Many deals fall apart in underwriting. Here are a few tips that’ll help you pass underwriting with flying colors.

Author: Tim Knox

Tim Knox is often compared to a bull in a china shop. No matter what he does, he charges in full speed ahead and gives it his all. Sometimes his disruption and innovation turns an industry on its ear, but with a focus on serving the customer first and the old guard competition be damned, Tim’s clients always win in the end. And they love him for it. As a serial entrepreneur Tim started and multiple seven figure businesses. As a small business expert and startup coach he has worked with over 10,000 students. He is also a bestselling author, corporate speaker, social media expert, and avid animal rights activist. Tim likes dogs better than most people because dogs are usually smarter.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s