Can the home loan underwriter reject my application for the loan?
Reader question: “My loan officer stated that my application file went into the underwriter. I’m simply wondering just how much i need to be concerned about at this time. Can the home loan underwriter reject my loan application at this time of this procedure? Or perhaps is a software typically ‘home free’ when it offers been passed away along in this method? ”
Yes, your loan may be refused throughout the underwriting phase. […]