Posts

Ask an RU: Borrower Minimum Contribution Basics
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As an underwriter, it can seem as though there are many important…

Ask an RU: Contingent Liability Basics
You’re reviewing the loan file and notice a line item under…

[Ask an RU] How to Verify Future Income for Borrowers Mid-Job Move
The loan is finally set to fund, but the processor calls out…

New Year, New Concerns: Post-COVID Underwriting in 2021
A version of this post originally appeared in the Scotsman Guide.
A…

[Ask an RU]: Demystifying Interested Party Contributions, Financing Concessions and Sales Concessions
Ever get confused over what the difference is between financing…

How Has COVID-19 Impacted the Underwriting Process?
This post originally appeared in The MReport.
Over the last…

[Ask an RU] Permanent Heat Source Requirements
As you start turning up your thermostat to ward off dropping…

[Ask an RU] Qualifying with Rental Income from a Departure Property
The calculation of rental income from a departure property can…

6 Tips to Calculating Income During COVID-19
One of the biggest challenges for the mortgage industry during…

[Ask an RU] Underwriting Mortgages with Student Loan Debt
With a record 44.7 million Americans with some level of student…