Posted on: 24th Jul, 2009 12:04 pm
A lender just told me my loan will be underwritten in house. What does this mean? Thank you.
"In House underwriting" means that the lender is doing their own underwriting instead of sending it out to a 3rd party underwriter.
Hi jk,
For a similar discussion, you can refer to the following page :
http://www.mortgagefit.com/homeloan/approval-house.html#109495 .
For a similar discussion, you can refer to the following page :
http://www.mortgagefit.com/homeloan/approval-house.html#109495 .