Underwriting
Brief
Underwriting is the process of evaluating the creditworthiness of a borrower, typically a business or individual, to determine the risk of granting a loan or issuing insurance. The goal of underwriting is to assess the likelihood of the borrower defaulting on the loan or insurance.
The underwriting process typically involves several key steps:
Review of financial information: Our team will review the borrower's financial information, including credit reports, income statements, and other financial documents, to assess the borrower's ability to repay the loan or insurance.
Analysis of creditworthiness: We will analyze the borrower's creditworthiness by looking at factors such as credit score, income, and debt-to-income ratio.
Risk assessment: We will assess the risk of granting the loan or insurance by taking into account the borrower's creditworthiness and other factors such as the collateral or security provided.
Decision making: Our team wil provide a lender or insurer with our recommendation for them to make a decision on whether to approve or deny the loan or insurance based on our analysis and assessment of the borrower's creditworthiness and risk.
Please contact us for further information and pricing.