Underwriting
Origination Underwriting
The process of evaluating a borrower’s financials, creditworthiness, and property details to determine eligibility for a mortgage loan before approval.
Pre-Fund Review
A quality control check conducted before loan funding to ensure compliance with underwriting guidelines, identifying any red flags or errors.
Post-Closing Review
A detailed audit of closed loans to confirm compliance with investor and regulatory requirements, ensuring proper documentation and mitigating risk.
Loss Mitigation Underwriting (UW)
The evaluation of borrower hardship cases to determine the best loss mitigation option, such as loan modification, forbearance, or repayment plans.
Repurchase Review
A review process conducted when an investor or agency demands a lender repurchase a loan due to underwriting errors, fraud, or non-compliance.
Custom Reviews
Tailored loan reviews based on client or investor requirements, including risk assessment, fraud detection, or regulatory compliance checks.
