Keyword Analysis & Research: underwriting

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What exactly is "underwriting"?

What Exactly is "Underwriting". We use the word all the time, but what does "Underwriting" mean... In the Mortgage business, underwriting is a process in which the documentation you provided along with your application and signed disclosures are inspected.

What is the purpose of underwriting?

5.1 Purpose of Underwriting. Underwriting is the process by which an insurer determines whether, and on what basis, an insurance application will be accepted. Underwriting is the method used to calculate the level of risk that is involved and to determine under what rates the contract can be issued.

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