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Underwriting functions as the last report about a borrower’s loan file.

Underwriting functions as the last report about a borrower’s loan file. Begin Your House Loan Journey Past Lesson 7.3 Keepin Constantly Your Loan on the right track In this concept Phases of Underwriting The Underwriter’s Job Underwriting Results Underwriting Conditions Next Lesson 8 Closing In Your House Phases of Underwriting Purchasers enter the stage that is first of during preapproval. VA loan providers generally depend on an “Automated Underwriting System, ” or AUS, to determine a buyer’s preapproval status. An AUS is a pc system that instantly evaluates a buyer’s eligibility, considering a number of facets.