Mortgage Underwriter Positions. Most mortgage applications go through both automated and. The MLO vs. underwriter positions are quite different, with the former being a sales job and the latter an operations job.
A mortgage underwriter works with mortgage bankers and loan processors to determine whether or not a borrower's home loan application will be approved and under what repayment terms.
Underwriting is the final step a mortgage goes through before being approved.
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He or she can also become a supervisor, overseeing several. Mortgage underwriting is the process lenders use to determine whether or not you qualify for a mortgage. Most people start out in more of an entry-level position in mortgage lending like an assistant loan If you're responding to an ad and don't know that an underwriter doesn't review loan applications, but.
