The Clouse Corner: What Exactly is Underwriting?

Published: Oct. 6, 2020, 4:21 a.m.

This week in our ongoing effort to demystify any and all real estate terms Brennen will be digging into underwriting and how it can effect the buying process.

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Taken at face value underwriting sounds like those correction notes teachers used to leave on your essays back in school. However, it's actually an important part of acquiring a loan for buying a house or property. Basically it's an assessment of the amount of risk that a loan would carry, but that is the most skin deep of definitions. In order to get the full picture you'll have to actually listen to the episode. Brennen does a better job of explaining it all than I ever could. 

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Of course, if you have questions feel free to send them our way, we love answer them and we love to hear from you!

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Also online at: TheClouseGroup.com

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Thanks for listening!

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Our Opening theme:

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\u201cInspired\u201d

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By Kevin Mcleod (incomptech.com)

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Other music (in order used):

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\u201cLow Life High Life\u201d

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By Dan Henig

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\u201cRuination 2\u201d

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By Vibe Mountain

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\u201cWe Don\u2019t Know How it Ends\u201d

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By Lee Rosevere (leerosevere.bandcamp.com)

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Music obtained and Licensed under Creative Commons: By Attribution 3.0

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http://creativecommons.org/licenses/by/3.0/