What is a loan processing underwriter?

Answer Underwriting a loan is the process of determining the eligibility of a borrower for a loan. Simply put, a loan processing underwriter is the individual responsible for determining the risk involved... Read More »

Top Q&A For: What is a loan processing underwriter

Job Description of a Processing Underwriter?

A processing underwriter is a job that requires a person with meticulous job skills. An underwriter is responsible for approving or denying mortgages loans. An underwriter can also work for insuran... 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 home loan?

When you apply for a mortgage, you must meet your lender's qualifications for borrowing before being approved. Your loan officer will work with an underwriter to ensure that you are eligible.FactsA... Read More »

How long does it take an underwriter to approve a personal loan?

An underwriter may take from a few days to 2 or 3 weeks to approve a personal loan. The underwriter analyzes the borrower's income, employment history, assets, debt and credit history. If the under... Read More »