Each week Mortgage Solutions picks the best reader contributions from our article comments and letters to the editor.
Each week, we also round-up the best comments, emails and letters to the site and pick one reader contribution as our Star Letter. This week’s award goes to:
How to think like an underwriter: assessing bank statements
As a broker it’s great to speak directly to an underwriter as you can have an intelligent conversation with them, understand their rationale and relay this correctly to the client.
Where it is infuriating is when certain lenders have a line of processors whose job is to tick a box (with little or no understanding of what they are ticking for or why) before passing on to an underwriter who then goes back through them.
The latter, rigorously adhered to by some lenders, is surely not TCF.
Dean Mason
