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underwriting - The process of evaluating a loan application to determine the risk involved for the lender. Underwriting involves an analysis of the borrower's creditworthiness and the quality of the property itself.
Also check out Mr. Thifty's Guide to Shopping for a MortgageAbout Mr. Thrifty: Mr. Thirfty's goal is to help others make the most out of their financial resources through education, suggestions and humor. If you like what you see, tell your friends about Mr. Thrifty!
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