Loan processors gather your financial documentation. The most important part of their job is making sure all financial documents are collected and in order. This also includes checking the ...

Your loan isn't a sure thing yet when it goes to the underwriter Unfortunately, your loan making it to the underwriting phase does not mean you will definitely have the money to buy the home in hand.

With traditional underwriting standards constantly fluctuating, lending to individuals is experiencing a new dawn with ...

For example, an underwriter for a health insurance company will review medical details, while a loan underwriter will assess factors like credit history. An underwriter’s job is complex.

OTTAWA - Canada Mortgage and Housing Corp. is easing its underwriting criteria for mortgage loan insurance after changes it made last year were not effective and caused it to lose market share.

Mortgage technology company Gateless is offering its flagship automated underwriting platform to a new lender. The Loan Store — a wholesale lender based in Arizona — will now use the Gateless ...

For example, loan processors administrate loan paperwork while loan underwriters assess how much risk lenders take when giving a loan. Here’s a breakdown of what each professional does and the ...