Mortgage Underwriter

Mortgage Underwriter,

Mortgage Underwriter: What is the Meaning of Mortgage Underwriter?

  • The person who decides, approves, suspends or rejects your mortgage.

Literal Meanings of Mortgage Underwriter

Mortgage:

Meanings of Mortgage:
  1. A legal arrangement under which a bank or other lender lends at interest in exchange for possession of the lender's property, provided that the transfer of ownership occurs after the loan has been repaid.

  2. Assign (assets) to lenders as collateral for the loan.

Sentences of Mortgage
  1. I deposited one lakh cash and took the remaining installments

Synonyms of Mortgage

guarantee, pawn, advance, credit, put up as collateral, mortgage

Underwriter:

Meanings of Underwriter:
  1. The person or company that bears the risk of insurance.

  2. A bank or other financial institution that agrees to buy unsold shares in the case of new shares.

Sentences of Underwriter
  1. Insurers and risk managers are worried about room fires

  2. The success of the program is guaranteed because the customer buys everything that the market does not buy