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Top Ten Underwriting Issues. Mortgage loans today require more documentation than they did even a year ago. If a customer purchased a home 2 or more years ago, the loan experience is going to be much different. The documentation requirements are ever changing and many things that loan originators would not think of asking for 1-2 years ago, are now the norm. A lot of borrowers will question why, so it is helpful to set expectations upfront to assure a smooth transaction. The following list was provided by one of my lenders, with Cherry Creek Mortgage, noting the top ten items … (0 comments)
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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