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  2. Mortgage underwriting in the United States - Wikipedia

    en.wikipedia.org/wiki/Mortgage_underwriting_in...

    Credit is what the underwriter uses to review how well a borrower manages his or her current and prior debts. Usually documented by a credit report from each of the three credit bureaus, Equifax, Transunion and Experian, the credit report provides information such as credit scores, the borrower's current and past information about credit cards, loans, collections, repossession and foreclosures ...

  3. Loan origination - Wikipedia

    en.wikipedia.org/wiki/Loan_origination

    An underwriter is a person who evaluates the loan documentation and determines whether or not the loan complies with the guidelines of the particular mortgage program. It is the underwriter's responsibility to assess the risk of the loan and decide to approve or decline the loan.

  4. This Is the Salary You Need To Afford an Average Home in 7 ...

    www.aol.com/finance/salary-afford-average-home-7...

    While high housing prices have been a problem in many areas of the country, you can still find some relatively good deals in Texas. Some Texas cities like Austin have seen housing prices soar in...

  5. List of U.S. states and territories by median wage and mean ...

    en.wikipedia.org/wiki/List_of_U.S._states_and...

    1 Mean salary map. 2 List of U.S. states and territories by annual median wage. 3 List of U.S. states and territories by annual mean wage. ... Texas: $39,030 $73,069 30

  6. Understanding the mortgage underwriting process - AOL

    www.aol.com/finance/understanding-mortgage...

    The mortgage underwriter will either approve or deny your application once all the reports and paperwork are in. 44 The number of days the average new-purchase mortgage takes to close, as of ...

  7. Why was my mortgage application denied? Common reasons ... - AOL

    www.aol.com/finance/why-mortgage-application...

    In most cases, a loan officer or mortgage broker will collect your information and submit it to an underwriting software system – Desktop Underwriter for a loan that will be sold to Fannie Mae ...

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