Manual underwriting (Real Estate - Mortgage Brokers)
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Item ID 132864970 in Category: Real Estate - Mortgage Brokers
Manual underwriting | |
Manual underwriting is a process used by lenders to assess a loan application when automated underwriting systems cannot provide an approval or when a borrower doesn't meet the standard criteria. Unlike automated underwriting, which relies on computer algorithms to evaluate a borrower's creditworthiness, manual underwriting involves a more hands-on approach by human underwriters.Manual underwriting is commonly used in situations where borrowers have unique financial circumstances, and it provides a way for lenders to make lending decisions based on a more holistic and individualized assessment.  | |
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| Target State: All States Target City : All Cities Last Update : Dec 28, 2023 3:17 AM Number of Views: 120 | Item Owner : Gustancho Mortgage Contact Email: Contact Phone: (None) |
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2024-04-30 (0.391 sec)