In-House Mortgage Underwriting: Why it Matters

One of the most critical parts of the home loan process is underwriting. The underwriters job is to ensure that your loan documents fulfill the requirements to approve your loan and move it forward to the closing process.

In-house underwriting enables mortgage consultants and underwriters to communicate more effectively on the details of your mortgage application and that can make all the difference in getting approved for a mortgage.

Benefits of in-house underwriting

The biggest advantage is that borrowers have a more personal connection to the process. You are a person with a story, a situation. If the underwriter needs more information to explain any red flags like gaps in employment or credit issues, an "in-house" underwriter communicates with your direct mortgage consultant to help explain your situation or help you collect more information.

It can improve the chances of being approved without delay. Delays can lead to costly fees for missing deadlines and could even force you to miss out on your dream home.

Learn more by checking out our Step-by-Step Mortgage Guide

Other lenders

By contrast, many large mortgage lenders out-source the underwriting to third-party companies or individuals. This can save the lender a few dollars over-time but can also slow the process, introduce unnecessary costs for the borrower, and possibly create confusion with so many different hands on your loan file.

Our underwriting process

American Financing maintains the entire mortgage process under one roof. Your direct relationship offers a high-level of accuracy and a more responsive experience, from application through closing. Together, our team of mortgage experts can quickly determine if certain conditions must be fulfilled before the loan can be approved, how to collect additional information needed, or just guide you through the process to help you get approved.

With access to nearly every loan program in the industry, American Financing can help you find the best mortgage programs to achieve your financial goals. Contact a mortgage consultant at (800) 910-4055 or apply to pre-qualify for a mortgage in as few as 10 minutes.

Pre-qualify for free
By submitting this form, I am providing express consent for American Financing to contact me, including through the use of an automated dialer, voice or text, at the number above, even if my telephone number is listed on any Do-Not-Call list. I understand that I do not have to consent to receive such calls or text messages in order to purchase goods or services from American Financing.
Chat now