I would like to ask a mortgage underwriter why must homeowner deal with a mortgage broker or lender?
Written By: admin on June 7, 2009
One Comment
I have spent 3-4 week trying to refinance my mortgage loan & each time the loan officer I'm working with promises me that he is the person that can get my loan done…but it really comes down to the underwriter choice. Why can I just work with an underwriter instead of a loan officer? It will say sooo much time!
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Tags: loan officer, mortgage loan, mortgage underwriter, underwriterTags: loan officer, mortgage loan, underwriter
Your loan agent is there to screen people out. If you are making it to the underwriter, you must look excellent enough on paper to pass the first hurdle. Interest rates are fluctuating and there are a lot of foreclosures starting to happen because people are leveraged to the hilt. They are trying to determine if you are worth the risk.