Underwriters are there to protect the bank’s money, but they’re also there to make the bank money. Lenders usually talk to underwriters for help with the loan approval process. In this episode, host Merrill Chandler and guest co-host Brad Burnett talk about the underwriting process. As they dive into the difference between manual underwriting systems and automatic underwriting systems, they get into the underwriter’s role in the loan approval process and go down the list of all the documentation that an underwriter needs so that you’re more likely to be approved.
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