What Are the Duties of a Property Underwriter?

Answer A large financial service provider such as a bank, investment house or insurer uses a process known as underwriting to assess customer eligibility to receive products such as mortgage and credit. T... Read More »

Top Q&A For: What Are the Duties of a Property Underwriter

What is the average salary for a property underwriter assistant?

According to the U.S. Department of Labor, Bureau of Labor Statistics, the average salary for entry level positions in the field of insurance and property underwriters is about $35,010. Benefits su... Read More »

Is a property owner liable to others if there is fire on the owned property and the automatic sprinklers activate and cause water damage to the property of others?

It depends on how the lease is written. You may be liable if the damage was done as a result of actions caused by the landlord, and as such the landlord is responsible for the sprinkler system. How... Read More »

What Does an Underwriter Do for a Loan?

If you've ever applied for a mortgage loan, an underwriter probably reviewed your loan documents. An underwriter performs quality checks to help ensure that affordable financing terms are issued to... Read More »

What is an underwriter for a mortgage?

A mortgage underwriter determines if a borrower is approved or denied for his mortgage loan. The underwriter approves or denies the loan based on the lender's mortgage rules and regulations and an ... Read More »