Verification out of loan quality: Fundamentally, the latest underwriter will your red flags otherwise problems one to you will steer clear of the financing off becoming insured or offered to many other lenders once closure
Credit reports usually takes 2-3 weeks to improve, thus people supplemental borrowing information are often used to make certain brand new underwriter gets the really up-to-big date details as soon as your credit file has been drawn. Continuer la lecture de What will happen when home financing goes to underwriting?