MARILYN THIEL
MARILYN THIEL
(719) 338-6218
BROKER ASSOCIATE
Real Estate Sales and Marketing Specialist
New Construction and Land
Single Family, Town Homes, Patio Homes
Real Estate Glossary

  Automated Underwriting

After you complete your loan application with a lender, it is sent to "underwriting" for review. In short, underwriting is the process used to analyze how you have managed credit obligations in the past, whether you have the ability to repay the mortgage loan you are applying for (i.e., your income and assets), and whether the price you are willing to pay for the home is supported by the price of the property.

 

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