Mortgage Underwriting Process and Mortgage Credit Policy Manual
Also available as part of The Complete Mortgage Banker Package and the Complete Wholesaler Package
The Mortgage Underwriting Policy and Procedure Manual describes the Underwriter's detailed responsibilities and step-by-step procedures of the position including loan review analysis and disposition, reviewing and distributing investor loan plan specifications, reviewing underwriting related vendor qualifications like appraisers and credit bureaus. In addition, a set of generic Fannie Mae Underwriting Guidelines are provided to allow the lender to develop internal credit policy.
Although the underwriting process is brief, compared to other areas of the mortgage process, the pressure on underwriting can cause organizational inefficiency if not controlled.
The Mortgage Underwriting Policy and Procedure Manual describes the Underwriter's detailed responsibilities and step-by-step procedures of the position including loan review analysis and disposition, reviewing and distributing investor loan plan specifications, reviewing underwriting related vendor qualifications like appraisers and credit bureaus. In addition, a set of generic Fannie Mae Underwriting Guidelines are provided to allow the lender to develop internal credit policy.
Although the underwriting process is brief, compared to other areas of the mortgage process, the pressure on underwriting can cause organizational inefficiency if not controlled.
Underwriting Elements
- Underwriting Duties and Responsibilities
- Resource/Information Management
- Underwriting Procedures
- Evaluating Refer or Non-AU Loans
- Writing and Managing Loan Plan Specifications
- Generic Underwriting Guidelines
- Forms Management System
- Credit Analysis Process
- Loan Disposition Process
- Documentation Requirements
- Appraiser Vendor Management
- Appraisal Review
| Underwriting Policy Table of Contents |
Purchase Underwriting and Credit Policy Manual Download
$395
Includes forms, checklists and other tools to execute the function - all 100% Editable
Documents delivered via e-mail link immediately - allow 5-15 minutes for e-mail processing
Request Discount Code for affiliate or state association referral
Includes forms, checklists and other tools to execute the function - all 100% Editable
Documents delivered via e-mail link immediately - allow 5-15 minutes for e-mail processing
Request Discount Code for affiliate or state association referral
