4 hours What Is a Manual Underwriting for a Mortgage?Benzinga
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Manual underwriting is the process where a lender assesses an applicant’s financial ability to repay a loan 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 financial situations, such as self-employment or nontraditional income. Learn what … Continued
The post What Is a Manual Underwriting for a Mortgage? by Rebekah Brately appeared first on Benzinga. Visit Benzinga to get more great content like this.
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