Most new home buyers finance their purchase, and are at least passingly familiar with the term "home mortgage" and understand that it is basically a lending institution loaning them money to purchase a home. But when they start the process buyers often hear the term "mortgage underwriting" and wonder what exactly that consists of. What is Mortgage Underwriting Anyway? Underwriting is simply the process during which mortgage lenders assess the eligibility of potential borrowers. In short, an lender wants to make sure that the borrower meets all their guidelines in terms of debt, income, … Continue reading...