0
Add your answer:
Earn +20 pts
My mortgage company says I have a double approval and I'm just waiting for underwriting for an FHA loan. Can I still be denied in underwriting for the loan?
Yes. underwriting is the process where they do final verification and approval of your loan ensuring that you have provided all the appropriate and truthful information. In banking, underwriting is the detailed credit analysis preceding the granting of a loan based on credit information furnished by the borrower, such as employment history, salary and finances; publicly available information, such as the borrower's credit history, which is detailed in a credit analysis and the lender's evaluation of the borrower's credit needs and ability to pay Mortgage company means nothing, underwriters mean everything as they represent the financial part of the institution giving you the loan to buy the house.
What specific information is in a full credit report?
== == Credit reporting agencies (eg. Equifax) gather, store, and update information about the credit history of individual consumers based upon information that is reported by third parties. This information is then compiled into a consumer credit report, which summarizes a person's credit history. Credit reports provide detailed information on the personal credit and payment history of individuals, indicating how they have honored financial obligations such as paying bills or repaying a loan. The credit reporting agency Equifax provides a website with helpful information on credit. It's written for the general public, so it's very easy to read: http://learn.equifax.com. I highly recommend it.
What is a transunion credit report?
Transunion is one of three credit reporting agencies that provides information to potential creditors on your personal credit ratings and issues. The report contains information such as any defaults of the consumer, his/her identifying information, and a credit rating, or grade.
How can someone find contact information for Unitus Credit Union?
The contact information for Unitus Credit Union from the Unitus Credit Union official website. The site provides the physical and mailing address for the company as well as phone numbers.
Where can one find more information about home mortgage for people with bad credit?
One may find more information about home mortgage for people with bad credit from the site Home Guides. They have some very detailed information on how should best approach this.
Where can one find information about credit agencies online?
If one wishes to get more detailed information many government sites can provide information on how your credit is handled. Information your government provides on these agencies will vary by country.
My mortgage company says I have a double approval and I'm just waiting for underwriting for an FHA loan. Can I still be denied in underwriting for the loan?
Yes. underwriting is the process where they do final verification and approval of your loan ensuring that you have provided all the appropriate and truthful information. In banking, underwriting is the detailed credit analysis preceding the granting of a loan based on credit information furnished by the borrower, such as employment history, salary and finances; publicly available information, such as the borrower's credit history, which is detailed in a credit analysis and the lender's evaluation of the borrower's credit needs and ability to pay Mortgage company means nothing, underwriters mean everything as they represent the financial part of the institution giving you the loan to buy the house.
Where can I get detailed information on guaranteed approval credit cards?
Please go to the website creditkarma.com. There you will be able to find information on guaranteed approved credit cards.
What specific information is in a full credit report?
== == Credit reporting agencies (eg. Equifax) gather, store, and update information about the credit history of individual consumers based upon information that is reported by third parties. This information is then compiled into a consumer credit report, which summarizes a person's credit history. Credit reports provide detailed information on the personal credit and payment history of individuals, indicating how they have honored financial obligations such as paying bills or repaying a loan. The credit reporting agency Equifax provides a website with helpful information on credit. It's written for the general public, so it's very easy to read: http://learn.equifax.com. I highly recommend it.
What is a transunion credit report?
Transunion is one of three credit reporting agencies that provides information to potential creditors on your personal credit ratings and issues. The report contains information such as any defaults of the consumer, his/her identifying information, and a credit rating, or grade.
Which credit card company provides frequent flyer points?
The answer to the question about the credit card company provides frequent flyer points is that this information can be obtained with the concerned department of the company.
Where can one find information about the South Jersey Federal Credit Union?
Information about the South Jersey Federal Credit Union can be found from many different resources. The most reliable resource is the official South Jersey Federal Credit Union website, which has detailed information about itself.
Who uses cheapest credit card processing?
In order to find out about credit card processing you can go to the relevant website and get information. Also you can get more information from the library books about this issue. Alternatively you can consult an expert in this subject to get detailed information in this field.
Where can one find information about Chase Credit Services?
The best place to find information about Chase Credit Services is directly from Chase. Their website lists all of the services that are available with detailed descriptions of each one.
Where can I find the best deal on credit cards with the lowest apr and annual fees?
There are many websites devoted to credit card interest and fee information. Bankrate.com is one such site where you can get detailed information on credit card rates. Try www.creditimes.com/low-interest.html
How can someone find contact information for Unitus Credit Union?
The contact information for Unitus Credit Union from the Unitus Credit Union official website. The site provides the physical and mailing address for the company as well as phone numbers.
What three types of information do creditors use to determine a prospective borrower's creditworthiness?
Creditors typically use the borrower's credit report, credit score, and income information to evaluate their creditworthiness. The credit report provides a detailed history of the borrower's financial activities, the credit score is a numerical representation of the borrower's credit risk, and income information helps assess the borrower's ability to repay debts.
