Underwriting
Underwriting
DEFINITION
Underwriting determines if the loan matches up to the lenders minimum guidelines. Underwriting can take from 7 days to several weeks. Is the risk acceptable to the lender. The guidelines include credit scores, debt to income ratio and employment. Guidelines are established by Freddie Mac and Fannie Mae. Underwriter might need conditions for approval from borrower.
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Terri J Lee S.Arizona MemberI originally joined LegalShield because I wanted to get my will completed. However, I have kept my membership because of the value it provides. I feel good knowing that if I have a legal question or if I need help with a legal document, I can contact LegalShield. I would highly recommend this company, and in fact, I have referred some of my friends and family members
Terri J Lee S.
Arizona Member
I originally joined LegalShield because I wanted to get my will completed. However, I have kept my membership because of the value it provides. I feel good knowing that if I have a legal question or if I need help with a legal document, I can contact LegalShield. I would highly recommend this company, and in fact, I have referred some of my friends and family members
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Anthony L.
Texas Member
It was awesome! The Provider Firm that I spoke to was great and the cost of this service is great, too. My wife, kids and I have a Provider Firm in the palm of our hands. For $24.95/mo., the investment is well worth it.
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