Definitions for "Underwriting"
Related Terms:
Loan processing, Pre-qualification, Underwriter, Prequalification, Pre-approval, Processing, Qualification, Mig, P.m.i, Mortgage indemnity guarantee, Application, Mortgage indemnity premium, Preapproval, Mortgage indemnity insurance, Pre-qualify, Origination, Loan application, Additional security fee, Loan origination, Mortgage insurance, Self-certification, Pre-qualified, Higher lending charge, Mortgage protection insurance, Pre-approval, Mortgage default insurance, Mip, Loan package, Endowment mortgage, Lenders mortgage insurance, Lmi, Mortgage insurance premium, Automated underwriting, Credit life insurance, Underwriter, Credit disability insurance, Underwriting fee, Mortgage loan insurance, Qualify, Private mortgage insurance, No doc loan, Mgic, Pmi, Loan disclosure statement, No-documentation loan, Loan value, No-doc loan, Underwrite, Mortgage protection policy, Mortgage life insurance
An insurance company issues a policy when it believes you have a certain level of "risk" or chance of a claim. Underwriting is the process the company uses to decide whether to accept or reject an application. Companies do not make their underwriting guidelines public because they are considered to be trade secrets.
Analysis of credit risk on a specific rate and term for a mortgage on a given property for given borrowers.
The underwriting process evaluates the likelihood an insured event will occur, determines its likely cost and develops an appropriate premium for the coverage that is competitive in the marketplace and remunerative to the insurance company writing the policy. For some standardized coverage's that are highly competitive, underwriting may be somewhat besides the point -- the policy has to be priced according to marketplace pressures if the insurer wishes to remain in that line of coverage. Underwriting still plays a substantial role for many coverage's, however, even those in the increasingly competitive businesses of auto, home and term life insurance. Insurance companies don t all target the same slice of the market in the same states, and thus often have different objectives in their underwriting efforts as well as different cost structures that determine operating profit margins in their underwriting calculations. Underwriting differences account in part for the substantial differences in insurance premiums for comparable coverage's
Process of assessing and approving a loan application.
The process by which investment bankers bring new issues to the market.
A process during which a loan application is evaluated to determine the risk involved to the lender and a decision made on whether to grant the loan.
MP] The process of making the final determination on approval or rejection of a loan application.
The process by which investment bankers purchase an issue of securities from an issuer and resells it to the public.
The analysis of risk associated in making a residential mortgage loan.
Underwriting is verifying the applicants information and deciding whether to approve or deny the application for the loan.
The process by which the insurance company determines that you are an insurable risk. Most insurance policies require underwriting of some sort, such as a medical exam or a medical questionnaire.
the process by which prospective insureds are reviewed or examined for their acceptability as insureds.
The process of deciding whether or not to lend you money based on all the information you have provided to the lender. Every lender has different processes that they follow with different lending criteria.
The decision whether to lend someone money. The decision is based on the person's credit, employment, and other factors. It also involves determining how much money to lend, at what rate, and for how long.
The process where an underwriter approves the loan certfying that it meets the investment criteria. Property appraisals are also underwritten.
A background check given to a future loaner based on the criteria of assets, credit, income, employment, etc. of a potential borrower.
The process of determining the risks to be accepted or declined, the terms and conditions of the coverage to be offered, and the cost of insurance.
It is what the underwriter does to determine the class of risk an applicant will be placed in.
The process an insurance company uses to evaluate the risk presented by an applicant and to calculate an appropriate life insurance premium.
The name used to describe the process of analyzing and structuring a proposed loan. Good underwriting is the most important aspect of secured lending. Outside of banking, the term primarily refers to the purchase of risk.
The process by which a company evaluates and classifies risks and measures and calculates the cost of protection, within the framework of the rules, rates and coverage forms that are permitted by law in a particular state.
The process of determining a reasonable expectation of an applicant's death (mortality) or disability (morbidity) likelihood, for the purpose of issuing insurance.
The act of purchasing a fixed quota of a bond or share issue for resale to the secondary market. The quota may be purchased outright through an underwriting syndicate which shares the resale risk.
Process of selecting, classifying, analyzing and assuming risk according to insurability. The insurance function bearing the risk of adverse price fluctuations during a particular period. Analysis of a group that is done to determine rates or to determine whether the group should be offered coverage at all.
Process to determine expectation of proposed insured's death or disability for purpose of issuing insurance.
The process undertaken by an underwriter in reviewing applications submitted for insurance coverage, deciding whether to accept or reject all or part of the coverage requested and fixing the terms of coverage.
A process of determining risk and estimated costs of insuring a proposed group.
The process by which an insurer determines whether or not, and on what basis, an application for insurance will be accepted.
In general, underwriting refers to a insurance company's efforts to assess the financial risk of an applicant. Regarding lifetime settlements, underwriting is an information-gathering and verifying process -- including an evaluation of the insured‘s life expectancy. policy provisions, etc. See Verification of Coverage. Universal life - a life insurance policy that offers flexible premiums, adjustable death benefit and allows premiums to be skipped provided there is enough cash value to cover them. Like permanent insurance, universal life affords lifetime coverage and accumulates cash value -- but under under a more flexible contract.
Practice of assuming the risk of buying a new issue of securities from the issuing corporation or government entity and reselling them to the public either directly or through dealers.
Act of approving a loan application. Underwriters are bound by guidelines set forth by Fannie Mae, Freddie Mac, FHA or VA as applicable.
The process of examining all the data about a borrower's property and transaction to determine whether the mortgage applied for by the borrower should be issued. The person who does this is called an underwriter.
The process by which an insurer establishes and assumes risks. An insurance company is underwriting when it agrees to insure you because you are healthy or rejects your application because you have a history of health problems.
The process of analyzing a loan application to determine the amount of risk for the lender making the loan. Underwriting involves evaluating the borrower's creditworthiness and the property itself and then selecting the appropriate loan term and interest rate.
This is a process, which a finance company goes through in order to decide whether to accept a proposal.
Where the complete loan package is reviewed and approved or denied based upon standardized guidelines for that particular loan program. Sometimes referred to as the Loan Committee.
The process of evaluating the loan file. Underwriters review the application and all supporting documentation. Based on all factors, an loan approval or denial is determined.
Underwriting is the process that assesses and classifies the potential degree of risk an applicant represents.
The process by which lenders analyze risk..
A process by which a life insurance company examines medical data and determines whether or not it will accept an application for life insurance, and if so, on what basis.
The decision-making process of granting a loan to a potential homebuyer.
The process an insurance company uses to decide whether to accept or reject an application for a policy.
The process of determining whether coverage will be offered, what policy provision will be included and at what price.
The process by which an insurance company selects and classifies risks according to their degree of insurability.
This is a combination of disciplines that Pacific Capital Bank employs to determine your loan qualifications. The underwriter will take into consideration the purpose of the loan request, determine your credit worthiness, evaluate the value of the project, age, condition, etc., and Net Operating Income and mix them together to Underwrite your loan. Pacific Capital Bank's Underwriting Teams are experienced real estate professionals, ready to respond to your loan needs.
The process of evaluating applications for insurance coverage, deciding whether to accept or reject the risk and setting a price for the coverage.
The process by which an insurance company determines whether or not it will accept an application for insurance.
process of approving or rejecting a loan based on credit, employment, assets and other factors of the borrowers.
The analysis of risk that will determine the ability of the borrower to repay a loan, and the matching of that risk to an appropriate amount, rate and term on the mortgage loan.
The process a lender goes through to decide whether or not to make a loan based on credit history, assets, ability to repay, etc.
The analysis by a lender to determine the borrower's ability, capability and willingness to repay a proposed loan, the proper structuring of said loan and that the collateral value is there.
A process where a health plan reviews a consumer's medical history to decide whether to issue a policy.
The insurance function which researches and evaluates insurance applications to decide which are acceptable to the company as insureds.
The decision process in which the lender analyzes the credit package as well as the appraisal and the credit history. The ultimate goal being loan approval.
The selection and classification of applicants for insurance through a clearly stated company policy consistent with company objectives.
The process of reviewing, analyzing and making a decision whether to approve, disapprove, or modify a request for credit.
A system used by lenders to decide whether or not to approve applications for credit from customers.
The process of deciding whether or not to approve a loan based on examining credit history, employment, assets and any other pertinent documentation.
The process of identifying and classifying the risk represented by an individual or group.
The process of reviewing applications for coverage. The underwriter then classifies applications that are accepted according to the type and degree of risk.
The practice of assessing risk and assigning premiums, on either a group or individual basis. In some cases, it may lead to denial of coverage.
A risk analysis conducted by a lender to decide whether or not to approve a loan
The process of determining risk inherent in a particular applicant's credit history for the purpose of establishing suitable conditions of merchant interaction.
Decision process to determine whether or not to make a loan to a potential borrower based on credit, income, assets, employment history, and other factors.
The analysis by a lender to determine the borrower's ability to repay a loan based on creditworthiness, quality and type of property, employment, and debt to income ratio, assets and other factors. Underwriting standards vary among lenders and agencies such as FHA and VA.
The procedure by which funds are channeled from investors to businesses. To assume risk in exchange for a premium. To agree to pay for the cost of or pledge to cover the financial losses.
The process of determining risk of the borrower and the transaction, preformed by an underwriter employed by a contract company or lender.
The process by which the lender decides whether to loan money based on credit, employment, assets, and other factors and matching this risk to an appropriate rate, term and loan amount.
A process carried out by insurers to quantify the risk for a particular policy, and used in deciding an appropriate premium.
An analysis done by the lender to determine if you qualify for a loan.
Evaluation by lenders of loan applicant's ability to repay a real estate loan.
The process of determining the class of risk an applicant will be placed in.
The process an insurer goes through to determine whether or not it will provide coverage for an applicant.
The process used by insurance companies where risks are accepted or rejected for coverage. The process includes the proper classification of the risk so an adequate premium is charged by the insurer.
The process of assigning rates to insurance coverage by selecting applicable risks and classifying them according to their degrees of insurability, while rejecting any risks that do not apply.
Analysis of the risk as well as the determination of the appropriate rate and terms on a given loan.
The assessment made by the lender to decide whether they should approve your loan application.
The guidelines a lender uses to determine whether a borrower qualifies for a loan.
The process by which a health carrier determines whether or not and on what basis it will accept an application for coverage.
The act of applying formal guidelines that provide qualitative and quantitative standards for determining whether or not a loan should be approved.
The process insurance companies use to evaluate the risks associated with an applicant for Individual and Family coverage.
The process of reviewing applications for acceptance and classification based on factors such as vehicle type, garaging location, prior accidents, traffic violations, and other factors.
The process lenders undertake to determine whether a buyer will qualify for a mortgage loan.
Insuring something against loss; guaranteeing financially.
Underwriting is the process lenders use to determine the risk involved in any given loan.
An analysis of both the borrower and the property, performed by a trained mortgage underwriter, to determine the borrower's eligibility for the loan amount requested.
In mortgage lending, the process of establishing the risks, terms and conditions for a loan and the determination of whether a lender will be able to offer a loan.
The process of examining all the data about the borrower(s), property, etc. to determine whether the mortgage applied for by the borrowers should be issued.
Evaluating the risk of the borrower's ability to repay the loan based on credit, employment, assets, and other factors. Then determining the amount, term, and rate of the mortgage loan based on the risk factor.
The process by which an insurer assumes liability for an insured party.
The process of determining risk inherent in a particular loan and establishing suitable loan terms and conditions.
After processing, the documents in your loan file are evaluated to determine if the requested loan should be approved, denied, or approved with conditions.
A lender's process for determining the risk of a loan and establishing guidelines for that loan
Process of reviewing a loan application to verify all information and evaluate the borrower's credit history to determine if the borrower qualifies for the loan for which they applied.
A process by which mortgage lenders assess the risk of a potential property buyer, and adjust their loan terms accordingly.
The process of evaluating a loan application to determine the risk involved for the lender.(Return to the top of the page.)
The process of evaluating a loan application to determine the risk involved for the lender. It involves an analysis of the borrowerâ€(tm)s creditworthiness and the value of the property. VA mortgage A loan that is guaranteed by the Veterans Administration and allows qualified veterans to buy a house with no down payment.
The process by which credit and economic factors are used to determine whether a borrower qualifies for a loan.
The process where a lender evaluates a loan application and determines the creditworthiness and ability of the applicant to repay a loan. The underwriter makes sure that the loan will conform to the lender's guidelines for lending and verifies that all necessary documentation is provided.
Underwriting means different things to different financial-services industries. For mortgage lenders, it is the process of evaluating a loan prospect to see if they have the financial capacity to repay the loan. For investment bankers, it is the process of arranging a sale of stocks or bonds to investors. For insurance companies, it is the process of calculating a premium for a specific pool of insurees with certain risk characteristics such as age or health.
A series of criteria used by the lender to determine whether a loan application should be approved or denied.
The process of evaluating a mortgage loan application. Mortgage lenders will evaluate the risk of the loan based on the borrower's credit history and ability to repay the loan, and also based on the quality of the property (the loan's collateral). Unsecured Loan A loan that does not offer collateral such as a home or an automobile, as security for repayment of the loan. Typically unsecured loans will be assigned a higher interest rate than a secured loan because the lender does not have collateral to take back if the borrower does not make timely payments.
undertaking to insure a marine risk
In mortgage banking, the analysis of the risk involved in making a mortgage loan to determine whether the risk is acceptable to the lender.
Process of evaluating a loan application to determine the lender's risk, it involves analyzing the borrower's creditworthiness and the quality of the property itself.
Analysis of risk and setting of an appropriate rate and terms for a mortgage on a given property for given borrowers.
The decision whether to make a loan to a potential homebuyer based on credit, employment, assets, and other factors and the matching of this risk to an appropriate... read full article
In mortgage lending, the process of evaluating a loan application to determine the risk involved for the lender. Underwriting involves an analysis of the borrower's creditworthiness, ability to repay the loan, and the value of the property securing the loan.
The process by which a potential lender assesses the acceptability of a credit application.
The process by which the lender determines the risk involved in a loan.
the process of deciding whether to make a loan based on property cash flow, credit, and/or other factors.
Where a company looks at known facts such as age and health in order to assess the likelihood of you making a claim on an insurance policy.
The process of evaluating a loan application to determine if it meets the lender's standards.
The process lenders go through to evaluate the borrower and set appropriate conditions for the loan.
The process by which a potential lender or broker determines the suitability of an applicant for the loan they have requested. The main consideration is the ability of the applicant to repay the loan they have requested.
The process insurance companies use to examine, accept, reject, and classify the risks associated with an applicant for coverage.
The process used by lenders to examine credit history, verify employment data and otherwise evaluate a loan for approval. The underwriter determines if and how large a loan is approved..
The process of reviewing, pricing, accepting or rejecting insurance risks.
A systematic process for evaluating risks. It involves evaluating, selecting, classifying and rating each risk, and establishing the standards of coverage and amount of protection to be offered to each acceptable risk.
The process of evaluating a loan application to determine the risk involved for the lender, and to prepare the file for closing.
The act of reviewing and evaluating prospective insureds for risk assessment and appropriate premium.
A term for the process a lender goes through when determining what kind of loan to make to a potential borrower. Underwriting involves an assessment of the borrower's credit history, employment, and other conditions to determine the risk of lending to the borrower, what rate and amount to loan, and at what terms.
the process of analyzing a loan application to determine the amount of risk involved in making the loan. This review is performed by an underwriter and will be used to determine if the loan is accepted or denied. II II
The process of evaluating a borrower's credit, employment history, assets, property appraisal and title report, with the aim of making a loan decision.
The process of selecting risks for insurance and determining in what amounts and on what terms the insurance company will accept the risk.
This is the process a lender goes through to assess a mortgage application, taking into account the information given to them by the borrower and the credit reference they obtain.
Analyzing a home buyer’s ability to repay a home loan.
Lenders evaluation of the risks posed by a borrower so that they can then set conditions for the loan.
The process of evaluating a loan application to determine what risks are involved for the lender.
The process of verifying the documentation and analyzing the risk associated with granting a mortgage.[] Go to: | | | | | | | | | | | | | | | | | | | | | X | Y
Detailed process of evaluating a borrower's loan application to determine the risk involved for the lender. Underwriting usually involves an in-depth analysis of the borrower's credit history, as well as an examination of the value and quality of the subject property.
The analysis of the risk involved in making a loan to a potential home buyer based on credit, employment, assets, and other factors; and the matching of this risk to an appropriate rate and term or loan amount.
The process of reviewing, accepting or rejecting insurance risks. Accepted risks are categorized so that the appropriate rate can be charged.
The decision whether to make a loan to a potential home buyer based on credit, employment, assets, and other factors and the matching of this risk to an appropriate rate and term or loan amount.
Analysis of risk and the matching of it to an appropriate rate and term. Underwriting involves an analysis of the property, as revealed in the appraisal report, as acceptable and adequate security for the loan and of the borrower's ability and probable willingness to repay the loan.
the process of reviewing an individual's health status to determine eligibility for coverage under a long-term care insurance plan.
The process of evaluating financial or medical risk
The process of evaluating a loan application to determine the risk involved for the lender. Veteran's Administration (VA) Department of Veteran's Affairs, cabinet level agency of government; encourages lenders to offer long-term, no-money-down loans to eligible veterans by partially guaranteeing the lender against loss on the loan.
The process of evaluating a loan application to determine the risk involved for the lender.| | | | | | | | | | | | | | | | | | | | | W | X | Y | Z
The analysis of a customer's credit capacity and the loan's collateral upon which a risk is given.
All activities carried out to select risks acceptable to insurers in order that general company objectives are met.
the process by which a company identifies risks and classifies them so that appropriate rates can be set.
The analysis of risk involved in making a mortgage loan to determine whether the risk is acceptable to the lender. Underwriting involves evaluating the property as outlined in the appraisal report, and also evaluating the borrower's ability and willingness to repay the loan.
The process a lender uses to determine loan approval. It involves evaluating the property and the borrower's credit and ability to pay the mortgage.
The process by which the insurer decides whether or not and on what basis it will issue a policy.
These are standards set by the lender which the borrower must meet in order to qualify for the loan.
The process by which a loan decision is made. This decision is typically based on credit, employment, assets, and other factors and the matching of this risk to an appropriate rate, term and loan amount.
The process of evaluating a risk for the purpose of issuing insurance coverage on it.
In mortgage lending, the process of approving or denying a loan based on an evaluation of the property as collateral and the ability and willingness of the borrower to repay the loan. The underwriter analyzes the risks involved, and sometimes modifies the requested loan terms. The underwriter can also stipulate conditions to be met prior to, or at, loan closing.
The process of selling securities and, at the same time, assuring the seller a specified price. Underwriting is done by investment dealers and represents a form of risk taking.
The process by which an insurer determines whether or not, and on what basis, it will accept an application for insurance.
Analyzing a hombuyer’s ability to repay a home loan.
A process usually conducted by a mortgage company to make sure that a mortgage applicant and the property meet all the requirements set forth by the Mortgage Company (may also be a process utilized for homeowner insurance purposes.)
The decision as to whether or not to accept a loan or insurance application.
Process of assessing and classifying the potential degree of risk that a proposed insured represents.
The process by which a lender decides whether to lend money, based on the value of the property, the borrower's credit history and any other relevant factors.
The process of evaluating mortgage loan applicant's credit, collateral value and and the risks in making a loan.
This term has two meanings. One is bearing the risk for something, as when an insurance company underwrites a policy. The other is the process of analyzing an insurance applicant (individual or group) to determine if that applicant will be offered coverage, and at what rates.
The analysis of risk involved in granting a mortgage loan to a particular borrower and the process by which a lender determines whether the risk is acceptable. Underwriting involves the evaluation of the property as outlined in the appraisal report, and of the borrower's ability and willingness to repay the loan.
Examining, accepting, or rejecting insurance risks and classifying the ones that are accepted, in order to charge appropriate premiums for them.
The process of deciding whether to make a loan based on credit, employment, assets and / or other factors.
Underwriting of an issue is usually undertaken by a financial who lend money lor hold Insurance policies on Individuals or companies
The process of verifying data and approving a loan.
Underwriting is the process an insurance company uses to review an application for life insurance before accepting and issuing an insurance policy. The purpose of this review is to determine the potential degree of risk that a person represents to the life insurance company.
The determination of the risk a lender would assume if a particular mortgage loan application is approved. Ability and willingness to abide by the mortgage loan terms, as well as the value of the property involved, are critical to the underwriting analysis.
The process used by insurance companies to identify risks and classify them so that they can set appropriate rates.
Analyzing a homebuyer's ability to repay a home loan.
The approval process used by lenders to evaluate a loan application to determine if it meets the lender's standards.
The process used by lenders in deciding whether to make a loan to the buyer. The lender carefully examines credit history, employment, and assets to determine if and how large a loan should be approved.
A decision process used by mortgage lenders to determine the qualifications of a potential borrower. The process takes into consideration credit, employment, assets and other factors.
The analysis of risk to determine whether or not a lender will make a mortgage loan, which involves the evaluation of credit, income, assets, employment history, ratios, and the property appraisal.
A process of evaluating a loan application to determine the risk involved for the lender. Underwriting involves an analyzing the borrower's creditworthiness and the quality of the property itself.
It is the process of quantifying the risks involved in a specific loan and setting suitable terms and conditions for a mortgage.
The process of selecting risks for insurance and determining the amount and the terms of the risk the insurance company will accept.
The process of evaluating a loan application to determining the risk involved for the lender. Underwriting involves analysis of the borrower's credit worthiness combined with review of the property offered as collateral.
Process of determining whether or not an individual is an insurable risk
The process of evaluating a loan application to determine the total risks involved for the lender.
The process of approving or denying a loan based on a review of the property and the applicant's ability to repay the loan. The underwriter analyzes the risks involved and selects an appropriate loan term and interest rate.
The method a lender uses to determine its risk in making a loan. Underwriting involves evaluating the quality of the borrower (i.e., creditworthiness) and the property.
container Container Container for the information applicable to underwriting of the issue.
The selection and rating of risks which are offered to an insurer. The entire process is based upon the property selection and rating of risks that the insurer feels will have the greatest likelihood of being profitable for the firm.
Where an insurance company takes into account known facts like your age, sex and health, in order to assess the likelihood of you making a claim on the policy. Your insurance premiums are calculated after taking these factors into consideration.
Process of evaluating borrower credit, collateral value and risks involved in making a loan.
The process of deciding whether or not to lend you money (or how much to lend you) based on all the information you have given the lender. Every lender has a different underwriting process and lending criteria which differ to some (usually small) extent from other lenders.
Decision-making process for a loan.
The procedure by which investment bankers channel investment capital from investors to corporations and municipalities.
The process of determining risk and in what amounts and on what terms the insurance company will accept the risk.
A detailed credit analysis preceding the granting of a loan performed by the lender.
A loan review process that begins with the acceptance of a loan application and ends with a decision to either approve or deny the loan request.
Guidelines the lender uses to determine if a borrower qualifies for a loan. Different loan programs have different guidelines for qualifying.
The process of classifying applicants for insurance by identifying characteristics such as age, gender, health, occupation and hobbies. People with similar characteristics are grouped together and are charged a premium based on the group's level of risk.
The process of verifying data and evaluating a loan for approval.
The analysis of the risk involved in making a mortgage loan that determines whether the risk is acceptable to the lender. Underwriting involves the evaluation of the property as outlined in the appraisal report, the borrower's ability to repay the loan and the application of criteria specified by an investor.
The process by which an insurance company determines whether, and on what basis, it can assume the risk of a specific life insurance policy.
the process of evaluating a loan application to determine the risk involved for the lender. It involves an analysis of the borrower's ability and willingness to repay the debt and the value of the property.
The process of selling a new issue.
the process of reviewing information about the borrower and making decisions about a loan.
The assessment of loan applications based on: the value of real property, a borrowers credit worthiness and ability to pay and the lending guidelines of the lender.
The analysis and matching of risk to an appropriate rate and term. The process of deciding whether to make a mortgage loan.
A process which evaluates an applicant against preestablished criteria for insurability to determine whether the applicant will be rejected or accepted for coverage and whether at standard or modified rates.
The process of selecting applicants for insurance and classifying them according to their degrees of insurability so that the appropriate premium rates may be charged. The process includes rejection of unacceptable risks.
The decision whether to make a loan to a potential homebuyer based on risk factors such as credit, employment, assets, and collateral, the matching of this risk to an appropriate rate, term or loan amount.
The process of evaluating a loan application to determine the risk involved for the lender. It involves an analysis of the borrower's creditworthiness and the quality of the property itself. Process in determining if borrower qualifies for a loan by fulfilling required guidelines.
The process of reviewing applications for coverage. Applications that are accepted are then classified by the underwriter according to the type and degree of risk.
The analysis of a mortgage lender's financial risk and matching that risk to an appropriate interest rate and term. Underwriting takes into account the borrower's ability to repay the mortgage loan, the property's value as revealed in the appraisal report, the loan-to-value (LTV) ratio, and the presence or absence of mortgage insurance.
The process of reviewing insurance coverage applications and determining risk, and on what terms the insurance company will accept the risk.
The process used by insurance companies to determine how much life or other types of insurance you can quality for and at what price, based upon your risk factors.
the process of identifying and classifying the degree of risk represented by a proposed insured.
The analysis of risk, the determination of the appropriate loan amount, and the setting of loan terms and conditions, based on the borrower's creditworthiness and the value of the real property that will secure the loan.
the process that the lender uses to evaluate the loan application to determine if the loan is approved
A process by which insurers select and classify individual risk based on factors such as age, sex, occupation, health etc.
An individual who will review your information and assess the risk of your loan.
The process of evaluating risk, selection or rejection of the insured, pricing and determination of contract conditions.
The process of evaluating a loan application to determine credit worthiness and risk involved for the lender.
Processing the paperwork and verifying your credit history for the purpose of approving your loan.
The choice to give a loan based on assets, credit employment and other factors.
The decision whether to make a loan to a potential home buyer based on credit, income, employment history, assets, etc.
The process of evaluating a service applicant's financial history and credit trustworthiness to determine whether to grant a service account. In some cases, underwriting may also determine an applicant's financial obligations, such as services pricing.
The process in which lenders evaluate the risks posed by a particular borrower and set appropriate conditions for the loan.
In mortgage lending, the process of determining the risks involved in a particular loan and establishing suitable terms and conditions for the loan.
The process of examining, accepting, or rejecting insurance risks, and classifying those selected, in order to charge the proper premium for each.
Standards established by a lender to determine whether a borrower qualifies for a loan.
The verifying of date, analysis of risk, and the matching of risk to an appropriate rate and term, using predetermined guidelines and judgments. The underwriting procedure takes place during the processing of the loan.
the process of evaluating the property as outlined in the appraisal report and the loan application and documentation of the borrower (willingness and ability to repay the loan) to determine the risk involved for the lender
The process by which an insurance company accepts or rejects and classifies a risk in order to charge the proper premium. This process is performed in an insurance company by an underwriter. In life and health insurance, the process may involve review of the application, home office speciment, blood chemistry profile, inspection report, attending physician statement, and depending on the size of the policy and the age of the proposed insured, a paramedical or medical examination. Underwriting may also take the form of financial underwriting. This is more important in business insurance, large face amount policies and disability income policies.
The assessment and agreement of an insurance risk. The process involves the disclosure of medical history, which enables the insurer to assess your risk. Once the assessment is complete you will be notified of any special terms (e.g.: exclusions) and given the opportunity to agree these terms.
Underwriting is the process where the insurance company reviews each individual's application and medical history and determines the rate class that each individual will obtain. Underwriting is the most crucial part of the entire process of applying for life insurance. To Top
The process of verifying data for the approval a loan.
The review of prospective or renewing cases to determine the risk they pose and their potential costs.
The process of evaluating a loan petition to determine the risk involved for the lender. This involves an equivalent algebras of the borrower's creditworthiness and the quality of the property itself.
The process by which the ability of a prospective borrower to repay a loan is assessed (this is also the name of the department that undertakes this work). The process takes into account various factors including employment history, financial status, previous credit history and current earnings.
A lender's process to evaluate whether or not to give a borrower a loan. When lenders underwrite a loan, they look at your income, debt and credit history to see if you're a low-risk loan candidate. Once your loan is approved and you meet all the lender's conditions, you can sign the final loan documents. The lender will then fund the loan and you're home free.
The process of evaluating and pricing risk for each client based on the amount of risk involved.
In mortgage lending, the process of determining the risks inherent in a particular loan and establishing suitable of sound principles and procedures for various kinds of loans.
the process of assessing a proposal for insurance to decide on its acceptability and if so, on what terms.
To support or agree to (a decision, for example). In real estate, underwriting refers to the analysis of the risk involved for a lender to grant a mortgage loan and whether or not the risk is acceptable. Underwriting involves a property evaluation as outlined in the appraisal report, and an evaluation of the borrower's ability and willingness to repay the loan.
The process of selecting risks and classifying them according to their degrees of insurability so that the appropriate rates may be assigned. The process also includes rejection of those risks that do not qualify.
The process for evaluating a loans application to determine the risk involved for the lender.
The process of examining and investigating an applicant for insurance to determine whether or not the insurance company is willing to provide insurance coverage and on what basis.
There are two definitions: Financial organisation, usually an investment bank, taking up Shares from an Initial Public Offering (IPO), not purchased by the public, for commission. Review and analysis of relevant factors affecting an insurance proposal.
Process of assigning people to different risk classes. Insurance companies use underwriting to determine whether, and on what basis, an insurance policy will be issued.
The evaluation of risk for a potential borrower to decide the approval, approval with conditions, or denial of a loan for said potential borrower.
The purchase by a brokerage (underwriter) of a new issue of securities from an issuing corporation or government entity and reselling them to the general public.
the process of analyzing a loan application to determine the amount of risk involved in making the loan; it includes a review of the potential borrower's credit history and a judgment of the property value.
An adoption of a risk at a fixed time in the future for a consideration today.
The process of assessing the risk for a potential policyholder to decide whether to accept a risk for insurance and, if so, on what terms to offer cover. (Originally, underwriters indicated their agreement to the terms of an insurance contract by signing their names at the bottom ie literally underwriting.)
The process of analyzing a borrower's capability to honor repayment of a loan (evaluating his or her credit, assets, employment) along with the value of the property being purchased, to help minimize the risk involved for the party lending the purchase money.
1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies.
The process of evaluating applicants for insurance and classifying them fairly so the appropriate premium rates may be charged. This may involve a physical examination of the applicant.
An analysis, typically by a lender, of the borrower's ability to repay a loan.
A process involving research and evaluation of applications for insurance to determine the amounts and terms by which the Insurance Company would be able to accept each risk.
Underwriting refers to the process that a large financial service provider (bank, insurer, investment house) uses to assess the process of providing access to their product like providing equity capital, insurance or credit to a customer. The name derives from the Lloyd's of London insurance market in London, United Kingdom. Financial backers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information which was written on a Lloyd's slip created for this purpose.
Related Terms:
Firm commitment underwriting, Firm commitment, Underwriter, Best efforts offering, Managing underwriter, Selling group, Green shoe, Lead underwriter, Public offering, Underwriting agreement, Bought deal, Investment bankers, Negotiated underwriting, Best efforts, Investment banker, Penalty bid, Underbanked, Direct public offering, Underwriting spread, Offering, Placing, Oversubscribed, Primary distribution, Subscription, Concession, Gross spread, Greenshoe, Private placement, Direct placement, Offer for sale, Indication of interest, Investment bank, Syndicate, Secondary offering, Issue, Secondary distribution, Allotment, Freeriding, Overtrading, Road show, Placement agent, Flipping, Issue, Best effort, Firm offer, New issue, Free riding, Primary offering, Allocation, Open offer
The procedure by which an underwriter brings a new security issue to the investing public in an offering. Also, the process of insuring someone or something. see also allotment, firm commitment offering, best efforts offering, offering price, broker loan, syndicate, direct financing, negotiated underwriting, pipeline.
Every mortgage has to be checked by and passed by an underwriter to make sure everything has been received and checked before an offer can be issued.
In return for a fee, underwriters agree to take up the portion of a new share issue that is not subscribed.
A company seeking a new listing will usually go to an underwriter who agrees to take up any shares not bought by the public. This ensures that the company will raise all the capital it requires.
An investment banking firm acting as underwriter sells securities from the issuing corporation to the public. A group of firms may from a syndicate to pool the risk and assure successful distribution of the issue. There are two types of underwriting arrangements: best efforts and firm commitment. With best efforts, the underwriters have the option to buy and authority to sell securities, or if unsuccessful, may cancel the issue and forgo any fees. This arrangement is more common with speculative securities and with new companies. With a firm commitment, the underwriters purchase outright the securities being offered by the issuer.
The offer of a company's securities for sale to the public. An underwriting can be a firm commitment or a best efforts offering. In a firm commitment offering the underwriter is obligated to raise a specified amount of money for the company. In a best efforts offering the underwriter agrees to use its "best effort" to sell a specified amount of a company's securities within an agreed-upon time period.
This is where a company can be assured that they will raise a certain amount of cash from issuing new shares in their firm, because the underwriters for a commission will buy any shares which are not purchased on their release.
When the public is invited to subscribe for (ask for) shares in a company the directors may ask an investment firm, such as a bank, to agree to buy any unsold shares. This is called underwriting the issue of shares.
An arrangement by which a company is guaranteed that an issue of share will raise a given amount of cash, because the underwriters for a commission agree to subscribe for any of the issue not taken up.
advancing the sale of new stock from a securities firm to a corporation.
An arrangement by which a company is guaranteed that an issue of shares will raise a given amount of cash. The underwriters undertake to subscribe for any of the issue not taken up by the public. They charge commission for this service.
The guarantee (which is offered by a bank in return for a fee) to buy or to find the buyers for an entire issue of stocks and shares.
Acting as the underwriter in the issue of new securities for a firm.
Keywords:
sottoscrizione, finanziamento
"sottoscrizione, finanziamento"
purchase of securities on the primary market with their further resale to investors; signing of a contract, which guarantees full or partial sale of the issuer's securities to investors as to their full or partial redemption at a fixed price with further resale, or oblige the buyer to do everything in their power in order to sell as many securities as possible without taking the obligation to purchase any of the unsold securities
The purchase for resale of a new issue of securities by an investment dealer or group of dealers who are also known as underwriters. The formal agreements for these transactions are called underwriting agreements.
Financial backing of a program or event.
Financial backup and support for an event in order to cover any unforseen problems or disasters.
Undivided Interest Unencumbered Property
Grants from foundations or private corporations to cover costs of producing or airing a program or series on public television or radio, in exchange for on-air presentations or credit or related recognition. On-air messages cannot include "call to action."
Accept liability under; undertake to finance or support. When considering an application for credit, this is obtaining all relevant information particular to the transaction (i.e. equipment purpose, terms requested, customer's details) and assessing such information to make a decision either to accept or decline the application.
The action of a credit analyst looking at the information submitted by a borrower and making a credit decision.
Underwriting agreement Underwriting Commission
underwriting agreement underwriting spread
Keywords:
business
The business of an underwriter,
Acting as the underwriter in a purchase and sale.