Meade Coleman
Meade Coleman
Cell: 803.429.3539
Fax:803.767.4577
Broker-In-Charge
Columbia Real Estate Listings and Home Sales in Richland and
Lexington Counties!
Forest Acres, Blythewood, Irmo, West Columbia
Columbia SC Real Estate Listings, Buying and Selling in Richland and Lexington C

  Automated Underwriting

After you complete your loan application with a lender, it is sent to "underwriting" for review. In short, underwriting is the process used to analyze how you have managed credit obligations in the past, whether you have the ability to repay the mortgage loan you are applying for (i.e., your income and assets), and whether the price you are willing to pay for the home is supported by the price of the property.

 

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