In mortgage lending, the process of approving or denying a loan based on an evaluation of the property and the applicant's creditworthiness and ability to repay the loan. The underwriter analyzes the risks involved and selects an appropriate loan term and interest rate.
Underwriting
The decision whether to make a loan to a potential home buyer based on credit, employment, assets, and other factors and the matching of this risk to an appropriate rate and term or loan amount.
Underwriting
The process in which broker/dealers form a syndicate to sell a new issue of securities.
Underwriting
The process of evaluating a loan application to determine the risk involved for the lender.
