Underwriting
Underwriting
The process by which the lender decides if they will lend money. This decision is based on the value of the property, the borrower's credit history and any other relevant factors. It is also used to mean the process of issuing insurance policies.
National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.94 |
| 15 yr fixed | 4.38 |
| 5/1 ARM |
3.79 |
Rates may contain points
