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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1179 |
Essay's paper body
The underwriter is essentially the person who approves or disapproves your loan application. My friend Rachel whose real name I shall withhold for privacy reasons has shared with me some of her experiences with the applications that have been submitted to her. On one occasion she recalls getting an application from a loan officer that was supposed to be a refinance transaction...
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On one occasion she recalls getting an application from a loan officer that was supposed to be a refinance transaction. The only problem is the client happened to be a senior citizen, living comfortably in her home that was in good condition (she has access to pictures of the house in the application) and that would be paid of in a year...
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