1. Home

Discuss in my forum

Underwriter

By

Definition: Evil trolls. Only kidding! Underwriters finalize the loan, analyze lender risk and reserve the right to ask for additional conditions to be performed or delivered prior to funding.

At the time of writing, Elizabeth Weintraub, DRE # 00697006, is a Broker-Associate at Lyon Real Estate in Sacramento, California.

Examples:
Underwriters can ask for a copy of a canceled check as evidence that a certain payment had been made by the borrower prior to funding the loan.

©2014 About.com. All rights reserved.