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Mortgage Application Underwriting

Mitigating Risk – 4 Things that Should Happen the Moment You Take a New Mortgage Application

Mitigating your lender’s risk is critical when it comes to managing your relationships. When brokers bring deals that have been properly underwritten, trust is built. This can lead to greater flexibility with your lender, and sometimes even less strict scrutiny of your applications. We often talk to lenders...

Mortgage Underwriting Tips – Purchase Vs. Refi Mortgages

Underwriting mortgage is very different depending on whether you are putting together a purchase mortgage vs a refinance mortgage. When arranging a purchase mortgage, a great deal of your due diligence will relate to verifying down payment, down payment source, income and value. While the property being financed...