Your checklists (
0
)
AI Checklist Generator
From the makers of
Manifestly Checklists
Sign in
Email address
Email me a magic link
Home
> Underwriting
Underwriting
Initial Review
Collect all necessary documents from the borrower
Verify borrower's identity and employment information
Review credit report for any red flags or discrepancies
Assess borrower's debt-to-income ratio
Property Analysis
Conduct appraisal of the property
Review title report for any liens or encumbrances
Assess property's condition and market value
Confirm property meets lender's requirements for loan amount
Financial Analysis
Review borrower's income statements and tax returns
Assess borrower's assets and liabilities
Calculate borrower's overall financial stability
Determine borrower's ability to repay the loan
Risk Assessment
Evaluate borrower's credit history and score
Consider any potential risks associated with the loan
Determine appropriate loan terms and interest rate
Assess overall risk of loan default
Final Approval
Present findings to underwriting committee for final approval
Issue final loan decision to borrower
Notify borrower of any additional requirements or conditions
Prepare loan documents for closing
Download CSV
Download JSON
Download Markdown
Use in Manifestly
Use in Manifestly