Underwriting is the last major step in the VA home loan process and your journey as a military homebuyer. The underwriting process is the final review of a borrower's file. It has two phases and can end in one of three ways.
Barby Wulff, Mortgage Expert with Veterans United Home Loans explains the 3 possible outcomes and both phases of the underwriting process.
Time Stamps
0:20 - Underwriting Process
0:40 - Purpose of Underwriting
0:55 - Conditional Loan Approval
1:05 - Clear to Close
1:20 - Denial
1:46 - Conditions to Repair
2:27 - Additional Documents
Watch the entire VA Loan Guide to Homebuying here: • Everything About VA Lo...
More on how to get a "Clear to Close" outcome: www.veteransun...
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VeteransUnited.com | 1-800-884-5560 | 1400 Veterans United Drive, Columbia, MO 65203
Veterans United Home Loans NMLS #1907 (www.nmlsconsumeraccess.org). A VA approved
lender; Not endorsed or sponsored by the Dept. of Veterans Affairs or any government agency.
Licensed in all 50 states. For state licensing information, please visit www.veteransunited.com/Licenses.
Equal Opportunity Lender
27 авг 2024
