Paul L. Underwood is a writer and editor specializing in finance whose work has appeared in The New York Times, Esquire, Texas Monthly and more. Paul lives in Austin, Texas, with his wife, two ...

Will your mortgage application be approved? That depends on the outcome of mortgage underwriting. Mortgage underwriting is a crucial step of the homebuying process in which mortgage lenders decide ...

Underwriting is the process through which a lender verifies your income, assets, debt and property details before approving a loan and terms such as interest rate and fees. Underwriters perform an ...

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 ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

David Gregory is an editor with more than a decade of experience in the financial services industry. Before that, he worked as a child and family therapist until he made the decision to move abroad ...

Mortgage tech firm Candor Technology has expanded its Loan Engineering System (LES) to include Federal Housing Administration (FHA) loans. The company now fully automates underwriting decisions for ...

“A lender, dealer, or broker cannot discriminate on the basis of national origin, but they are allowed to ask about permanent ...

After you apply for a mortgage, lenders use a process called underwriting to determine whether to approve or deny your loan. The underwriting process typically takes between 40 and 50 days to complete ...

The majority of mortgage applications are processed with automated technology, but lenders can use manual mortgage underwriting for more complex financial situations. If you have a limited credit ...

When applying for a mortgage, lenders typically use one of two methods for underwriting: automatic or manual. Manual underwriting often offers higher acceptance rates for applicants with complex ...