A mortgage underwriter looks for potential issues that may prevent a borrower from making his house payment. They investigate application information, evaluate the property to ensure the transaction is financially practi... More »

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Though specific requirements may vary between states and companies, a mortgage underwriter typically only requires a high school diploma and experience in the mortgage or real estate industry. Other requirements may incl... More »

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The mortgage underwriting process is the final, extensive review phase of a home loan application before a lender approves and funds a mortgage. The homeowner typically has little to no direct contact with underwriters a... More »

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A mortgage payment is a monthly disbursement of funds paid by the borrower of a loan to the loan lender, according to BusinessDictionary.com. A monthly mortgage payment may or may not include additional funds for real es... More »

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To make bi-weekly mortgage payments, a borrower pays half of his monthly mortgage payment every 14 days instead of the full mortgage payment once per month. Borrowers can pay their mortgages this way by mail, online or t... More »

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A mortgage equation is the mathematical formula that a lender uses in order to determine the borrower's fixed monthly payment to pay off a mortgage loan over a period of time. The lender calculates a mortgage amount usin... More »

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A borrower must assess his income, credit history, down payment, employment and residence history to determine how much capital is available from a mortgage loan, states U.S. Bank. Several online tools available through ... More »

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