Who is underwriter?

Question

Who is underwriter?

Accepted Answer

An underwriter is a professional who assesses the risk of lending money and determines if a borrower qualifies for a mortgage loan.

Underwriters review loan applications, financial documents, and credit reports to evaluate the borrower's ability to repay the loan.
They analyze the borrower's income, employment history, debt-to-income ratio, and credit score.
Underwriters also ensure that the loan meets the lender's guidelines and government regulations.
They may request additional documentation or clarification from the borrower or loan officer.
Examples of underwriters include mortgage underwriters, who specialize in evaluating mortgage loan applications, and insurance underwriters, who assess the risk of insuring individuals or properties.

Accepted Answer

An underwriter to the issue it could be banker, boker merchent banker or financial institutions. They give commitment to underwriter

Accepted Answer

An underwriter is any party that evaluates and assumes another party's risk for a fee.... Underwriters play a critical in many industries in the financial world, including the mortgage industry, insurance industry, equity markets, and some common types of debt security trading.Aug 19, 2020