We are proud to share that Petra Cephas was recently featured on Redfin in their article “What Does a Mortgage Underwriter Do and Why is it Important?”
Let’s imagine you’ve been pre-approved for a mortgage and your offer is accepted for a home that has everything you’re looking for. The house is within your budget, has the perfect number of bedrooms, and is in an ideal location. So what’s next? To get the mortgage, you need an underwriter’s stamp of approval.
Mortgage underwriting is a key component when purchasing a home. The underwriter decides whether a loan request will be approved or declined. But how? Redfin asked us to weigh in on this topic. Click here to read what we had to say!