UNDERWRITING SETUP

Review 1003 URLA application form for completeness of information.

Review credit report and highlight red flags, fraud alerts, public records, SSN alerts

Accurately calculate income as per documentation provided

Verify employment stability and identify any red flags in income documentation.

Necessary conditions to fulfill agency guidelines/lender overlays

Verify assets submitted, large deposits, liquidation, recurring debits etc.

Review appraisal, preliminary title report, hazard insurance, flood cert and condominium documents

Adding necessary notes of review not limited to income calculation comments, asset verification, credit report finding and property documents review.

Upload income calculation worksheet. Additional research documents (employer search, asset deductions, etc.)

Submit findings to underwriter for review