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Steps for a Hassle-Free Mortgage Underwriting Process



Mortgage Underwriting Process

Hassle-Free Mortgage Underwriting Process: Buying a home is one of the biggest decisions you will make. One of the biggest challenges in the home buying process is dealing with the underwriting process. If you are a first-time home buyer in the market for a home loan you may not be aware of the process that goes into it. There are a few things that you will need to do for the mortgage underwriter to process your application. Here are some of the steps that you need to take to get a hassle-free mortgage underwriting process.

Tips to a Hassle-Free Mortgage Underwriting Process

Once you’ve gone through the ordeal of deciding on mortgage rates, appraisals, and inspections, you are almost at the finish line of your loan approval process. Up next: underwriting. It’s an important step in your mortgage approval process that usually comes up last. When you choose to partner with a mortgage processing company, they confirm the accuracy of their initial assessment of your income, expenses, and additional factors that may be relevant for your case (your credit score for example). Here are some of the tips for a hassle-free mortgage underwriting process:

1. Keep Your Credit Score in Good Shape

A low credit score can sometimes make it more challenging for you to get approved for a mortgage, and can also make your loan more expensive with a higher interest rate. If you find that your credit needs improvement, we strongly recommend taking steps towards improving it by getting rid of debt. With less debt, you can potentially have a lower DTI ratio – many lenders look for 36 percent or less – in addition to verifying that there aren’t any errors on your credit report which can negatively impact your score.

2. Organize Your Documentation

If you plan on applying for a mortgage, it’s important to make sure that you have all of your financial documents organized and immediately available. If you’re worried about forgetting something, say information regarding your income or employment history, for example, then make sure to request that information well in advance of when you need it. Additionally, if the lender requires any pre-approval letters or gift letters from people who are going to help you with your down payment, then make sure those letters are also ready well before your application is submitted. Both of these things can help speed up the underwriting process so that it never even slows down, to begin with!

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3. Ensure a Bigger Down Payment

A greater LTV ratio indicates that a lender may stand to lose more money if you default on a mortgage. You can lower your LTV by making a larger down payment upfront. This lowers the total risk for the lender overall and makes them an investment option far more attractive. You can work to save more for a down payment, or ask family or friends for help if possible. There are also many down payment assistance programs including deferred membership loans, grants, and zero-down programs, available to help; plus your lender may offer their assistance in addition to that.


A mortgage is a big decision and will likely be one of the most expensive purchases you make in your lifetime. To make sure you get the mortgage you want, make sure your mortgage underwriting services process is hassle-free! With the right guidance and preparation, you can reduce the time it takes to get your mortgage application approved.


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