What Does the Underwriter Do When Buying a House | What Happens During Underwriting
#mortgageunderwriting
What does the underwriter do when buying a house | What Happens During Underwriting | Mortgage Underwriting | How long does underwriting mortgage approval take - The amount of time will vary by lender, amount of conditions needed to clear and the overall loan volume of the lender. Most loans can close within 30 days.
Kicha Gaskin, Loan Coordinator
Office: 678-552-1513
Email: kicha.gaskin@homestarfc.com
Apply Now: www.homestarfc.com/jayalexander30 days.
🟢Ready to Buy a House & You Don't Know Where to Start? Start Here! My FREE Download: bit.ly/3QWqfbq
⭐⭐Buy My First Time Homebuyer Masterclass with Digital Confidently Closed Handbook: bit.ly/47s4pT7 ⭐⭐
✳️Buy My First Time Buyer Guide - Everything You Need to Be a Confident First Time Buyer! - bit.ly/3uI0JvL ✳️
🔴Real Estate Agents - Ready to get LEADS from KZread? 🔴Real Estate Agents - Ready to get LEADS from KZread? Get MY Top 3 Tips for KZread Agent Success: bit.ly/3Pz1HRF
Ready to Buy Your First House? Watch these videos & Visit my playlists!
⭐8 Steps to Buy a House - • How to Buy a Home in 2...
⭐ Where Should You Start? - • First Time Homebuyer C...
⭐ What is Included in your Mortgage Payment: • What is included with ...
⭐New Construction - • First Time Buyer New C...
⭐FHA or Conventional - • Which is better FHA or...
⭐Student Loans - • Buying a House with St...
⭐How to get a good credit score - • How to Get a Perfect C...
⭐Can you afford a house: DTI Ratio - • How Much Home Can I Af...
⭐What happens at closing - • What Happens During a ...
⭐NACA Home Buying Program - • NACA | NACA Program | ...
⭐Should I Rent or Buy? - • Should I BUY a HOUSE O...
⭐ Get Your Real Estate License Online- • How to Get Your Real E...
⭐⭐PLAYLISTS - / shaheedahhillrealestate
🏡🏡Do you want to get your Real Estate License? This is who I used - You can get your real estate license online! Save with my Affiliate Link: colibri-real-estate.pxf.io/n1OEGa
⭐Join My First Time Buyers Facebook Group⭐
/ members
Пікірлер: 764
This is the best video I have seen on the "Underwriting" subject. Thanks for clarifying
@ShaheedahHill
3 жыл бұрын
Thank you, trying to make this sometimes "mysterious" topic understandable to eliminate those first time buyer fears.
@ashleyarmonie9439
3 жыл бұрын
Congratulations
@paulareid6275
2 жыл бұрын
This is very helpful
@JWilliams-sn3qe
Жыл бұрын
@@ShaheedahHill going through underwriting,and u ladies made me feel better and understand a better thank you ❤️❤️
@tiffanyholmes6610
Жыл бұрын
I am currently in the commitment stage of underwriting and I am making myself sick because I have a 2k non refundable Ernest down payment
She was very informative! This just seems so scary and intimidating but I’m praying for everyone who’s in this current process or will be 🙏🏽
@teesthoughts6717
3 жыл бұрын
I just found out that I am in underwriting... praying all goes well!!!
@meicealways5842
3 жыл бұрын
Tee’s Corner Store congrats!! Pray all goes well! I closed on 10/28!! Such an over whelming but awesome feeling! Pray everything goes well with your process
@teesthoughts6717
3 жыл бұрын
@@meicealways5842 thank you sis!!! Letting go and letting God 🙌🏾
@meicealways5842
3 жыл бұрын
Tee’s Corner Store yea it’s all we can do
@TanishaJonesthelovelymissjones
3 жыл бұрын
Thank you Dear ❤️
My underwriting process was so easy and smooth... no Rollercoasters, always going straight until we closed tho
@ShaheedahHill
Жыл бұрын
That is awesome, congrats!
I’m obsessed with you entire channel. You explain everything so so well in ways nobody else seems to know how to explain. And you ask all the right questions!
@ShaheedahHill
Жыл бұрын
Thank you so much, I appricate that.
Great video! I needed this before I closed on my house. I had a great lender who went above and beyond through the whole process even on Saturday when I needed him. I got frustrated having to send paperwork over and over again and explain things multiple times but I held on and now I’ve had my home for over a month now. Just like the video says do what is asked and keep praying until the end. 🙏
@ShaheedahHill
3 жыл бұрын
Thank you for sharing! Congratulations!!
@habitosdevidanatural4268
2 жыл бұрын
So glad everything worked out for you. I am in the process of being approved. But sometimes I feel hopeless like I want to cry 😢 out of frustration.I am holding on to my dream and you ladies are a great motivator. Thank you 🙏🏼
@mygrace77
2 жыл бұрын
@@habitosdevidanatural4268 I'm in the same process as well. I'm currently in underwriting and I'm nervous but I'm praying all goes well. You will also be ok just try to stay positive.
@habitosdevidanatural4268
2 жыл бұрын
@@mygrace77 Yay, I am happy for you! 👏🏼 The appraisal of my future home 🏡 was done today. I think every part of the process is nerve racking. I am counting the days until they say “Clear to close” I have faith everything is going to work out. We must be strong all the way through the process. Thank you for your kind words and Shaheedah for educating all of us. 🙏🏼🙏🏼
@ashleyarmonie9439
2 жыл бұрын
Thank you i needed this.
My lender does the underwriting ahead...she says it gives the buyer a stronger position....I like that better than waiting.
@ShaheedahHill
2 жыл бұрын
Yes, that puts you in a much better position. Thanks for watching.
@NewYorkYankees1
4 ай бұрын
What lender is that?
My underwritten just got approved for a new house 🏠🙌 and closing on September
@ShaheedahHill
3 жыл бұрын
Congratulations.. just remember they will look at everything again as you get closer to your closing date. So stay consistent in income, employment and credit. Thanks for watching
@g-mawof5310
2 жыл бұрын
Congratulations
Remember ladies n gents, pick & choose your lender wisely.
@ShaheedahHill
3 жыл бұрын
Good advice
You are so thorough!!! I appreciate your channel so much! Thank you!!!
@ShaheedahHill
3 жыл бұрын
Thank you for watching!
Thank you . This really calm me down as we are currently in underwriting and had to satisfy some conditions. We turned all the documents in . This is not my first time but this was really stressful. The information you provided really help me.
Very helpful! Thanks for organizing this, probing great questions around the process and bringing some expertise for insight.
@ShaheedahHill
3 жыл бұрын
Thank for for watching!
Another amazing video! Thank you for all the information provided to us 1st time home buyers.
@ShaheedahHill
3 жыл бұрын
Glad it was helpful!
Another great video. As always. Thank You so much.
@ShaheedahHill
3 жыл бұрын
Thanks for watching.. we really appreciate it.
Such an on time video, thanks for this ladies! Y’all are awesome! ❤️
@ShaheedahHill
3 жыл бұрын
Happy it was helpful🙂
Thank you Shaheedah for posting this
Very informative. Thank u!! Your channel always has helpful info. I am in the processing stage awaiting the appraisal and preparing for underwriting. I am trying to mentally prepare myself for this journey. 🙏 God is working!!
My husband and I are going through this now and we are elated but let me tell you it’s soooo stressful to deal with at the end of the year. I can’t wait until we get to closing day! It’s January 11th. I hope and pray we close on time 🙏🏽
@ShaheedahHill
3 жыл бұрын
I'm sure you will be fine! Congratulations
@TanishaJonesthelovelymissjones
3 жыл бұрын
@@ShaheedahHill Thank you Dear ❤️
@crystalgraham2254
6 ай бұрын
This is me in 2023. Closing January 12th.
This video is very comforting, thank you for sharing personalities behind the scenes. These videos are great!
@ShaheedahHill
2 жыл бұрын
You are so welcome, thanks for watching.
This was a fantastically informative video!! You all were so professional, relatable, and shed much light on underwriting process. Thank you, thank you, thank you!
@ShaheedahHill
3 жыл бұрын
So glad you enjoyed it and thank you for watching!
This series is so helpful, please keep filming these conversations! They make me feel much more prepared for our anticipated March (ish) first time purchase.
@ShaheedahHill
3 жыл бұрын
Thank you for watching and I will🙂
That woman look like viola Davis. So knowledgeable. Thank you for all the informations 🙏
@ShaheedahHill
3 жыл бұрын
😊Thanks for watching!
I watch this video earlier today. I had to come back and Thank you because I just received an email requesting my docs and knew what to expect. God Bless you both
@ShaheedahHill
3 жыл бұрын
I'm so happy it was right on time. Best of luck!
Great info, easy to understand... very honest information.... love it! Thank u!
@ShaheedahHill
3 жыл бұрын
Glad it was helpful!
Great interview wow!!
You have the best informative videos!!! I'm in underwriting process now and I'm on pins and needles😬 but this gives great insight on what they do and how they work with the lender.
@ShaheedahHill
3 жыл бұрын
Thanks you, you will be fine! Wish we had mics and cameras in the underwriting office😂
Thank you so much for this helpful video. Very professional and it’s got me feeling a lot better about being in the underwriter phase. Also very informative. I got my fingers crossed. Thank you again ladies.
@ShaheedahHill
3 жыл бұрын
Thank you for watching and for the feedback! We hope your underwriting process is a breeze!🙂
Great video!! Underwriting sounds so mysterious and nerve-wracking....thanks for explaining the process and taking out the fear. Like you ladies mentioned its the work you need to put in to get to the closing table.
@ShaheedahHill
3 жыл бұрын
Thank you for watching
Just got through this process - it was such a pain in the butt! lol Now on to the next step! Your videos have been so helpful! I have a great realtor but your videos helped me understand the process and what to ask :)
@ShaheedahHill
3 жыл бұрын
So happy that the videos were helpful!
Excellent video! So much valuable information! Thank you!
@ShaheedahHill
3 жыл бұрын
Glad it was helpful!
You make THE BEST videos about ALL REAL ESTATE TOPICS! You’re amazing! Thank you!
@ShaheedahHill
2 жыл бұрын
Thank you so much for watching, I really appreciate the feedback.
Great information thank you ladies❤
Shaheedah... I am always impressed with your content and invitees. Today, with this video, you truly outdid yourself. This information is so on point; I cannot even tell you. Thank you for demystifying the home purchase journey we all have to go through and for inviting Kicha to the conversation to fully dissect, in easy to understand language, this critical step of the process. Keep up the great work!
@ShaheedahHill
3 жыл бұрын
Thank you so much for taking time to leave feedback. I really appreciate you watching and I will continue to make sure first time buyers are fully prepared.
This video did it for me. Finally hit that subscribe. Girl, you just demystifyed the big, bad, underwriter - WHAT?! Yaaaasss...THANK YOU.
@ShaheedahHill
3 жыл бұрын
Thank you for subscribing, so happy that I won you over! Best of luck on the home buying process.
I’m currently in the underwriting process I’m praying everything comes back ok
@ShaheedahHill
3 жыл бұрын
Im sure it will be fine😊
@dianyadira
3 жыл бұрын
Ahh me too! Good luck!
@monicadeana4586
3 жыл бұрын
Did you get it???
@rmaria2254
3 жыл бұрын
How did it go
@GodsChild770
3 жыл бұрын
How did it go
My wife and I are going through the underwriting process now. This was a great video !!!$
@ShaheedahHill
3 жыл бұрын
Glad it was helpful, congratulations on the home purchase! Thank you for watching.
This is 24k Gold!!! Thank you both so much. Mrs. Hill your content is the BEST.
@ShaheedahHill
Жыл бұрын
Thank you so much!
You have the best guests👍
@ShaheedahHill
3 жыл бұрын
Thank you!
This was very informative. I’m currently in the attorney review phase now, this video prepared me for the next phase as a first time home buyer. I hope and pray when I get to underwriting the process is smooth!
@ShaheedahHill
3 жыл бұрын
Glad it was helpful! Best of luck!!!
Loved! Very helpful
This is one of my favorite videos at this point - so interesting and glad I clicked on it.
@ShaheedahHill
Жыл бұрын
Thanks so much Curtis!
They are all good questions and have helped me a lot to understand the UW process. Thank you.
@ShaheedahHill
2 жыл бұрын
Glad it was helpful!
Your information is so solid. Thank you
@ShaheedahHill
3 жыл бұрын
Glad it was helpful!
Excellent content, Thank you for sharing. Makes the home buying process so much less stressful.
@ShaheedahHill
2 жыл бұрын
Absolutely! Thanks for watching
Thank you so much for these videos. My husband and I are looking to buy our first home in about 3-4 months and you make us feel more comfortable being first time home buyers!
@ShaheedahHill
3 жыл бұрын
You are so welcome and you will be prepared! Best of luck on the home search!
Excellent video! Thank you!
@ShaheedahHill
3 жыл бұрын
You are welcome!
Super informative! Thank-you so much
@ShaheedahHill
3 жыл бұрын
You are so welcome!
Hands down, Excellent Video from beginning to end. It should be a class.
@ShaheedahHill
2 жыл бұрын
Thank you so much for watching.
This is soooo crazy!!! I needed this! This is the process I’m currently in! So crazy this came right on time!!
@ShaheedahHill
3 жыл бұрын
Be patient and it should go smoothly
@MrShondabrown
3 жыл бұрын
Me too!
@raiganhanna6520
3 жыл бұрын
Me too sis!! How long did your underwriting take? Have you got your house yet?
@meicealways5842
3 жыл бұрын
Raigan Hanna yesss i closed on 10/28
This was so good thank you.....Was a very worried about this part.
@ShaheedahHill
3 жыл бұрын
You're so welcome!
Awesome video! Thanks for clearly and simply explaining this mysterious process of 'underwriting!
@ShaheedahHill
2 жыл бұрын
Glad it was helpful!
This video was right on time. Thank you please keep up the great content ❤️
@ShaheedahHill
Жыл бұрын
Thank you! Will do!
The underwriter = Judge and Jury! Another splendid video. Thanks for the excellent info as always.
@ShaheedahHill
3 жыл бұрын
Yes exactly, thanks for watching!
Awesome video!! You both did great. Currently in underwriting and this video ease my stress so much. Thank You 💟
@ShaheedahHill
3 жыл бұрын
So glad and best of luck on your final approval!
@leele2579
2 жыл бұрын
Yes me too
Great content answered each and every question I had!
@ShaheedahHill
10 ай бұрын
Awesome, thanks for watching.
Thank you for this informational video. You ladies are true experts in your industry!
@ShaheedahHill
2 жыл бұрын
Thanks for watching!
ive been watching your videos all day! all very informative. me being a realtor im soaking it all up
@ShaheedahHill
2 жыл бұрын
Welcome and thank you. I have a new agent channel, it you are interested as well. kzread.info/dron/4fwHQdRfOGXJDnrtlkw60A.html
You two are amazing!!
@ShaheedahHill
3 жыл бұрын
Thank you
Endless amount of great info in these videos!! Ms. HIll may just be the MOST SOUGHT OUT AFTER REALTOR in her town!
@ShaheedahHill
2 жыл бұрын
Thank you so much, its been overwhelming actually, so this year I'm referring out to focus on the channel, to see if I can virtually help more people and train more Realtors. I appreciate the support. There are more like me, they are just not on KZread...I'm working on that too😊
Thank y'all for sharing
@ShaheedahHill
3 жыл бұрын
Our pleasure!
Great information thank you very much!
@ShaheedahHill
3 жыл бұрын
Glad it was helpful!
This is THE BEST video ever! Thank you, to both queens for this incredible insight!
@ShaheedahHill
4 ай бұрын
Thank you so much for the feedback. I am happy it was helpful☺️
This answered every question wow thanks
@ShaheedahHill
3 жыл бұрын
Great, happy it helped!
Thank you for guiding us
@ShaheedahHill
3 жыл бұрын
Thanks for watching!
Excellent, Perfect question and answers It can’t be better info ,, this is so Great conversation ,, thank you ladies best video ,explaining evrething
@ShaheedahHill
2 жыл бұрын
Thank you for watching
Great information and video! My goal is to move into a new home next September 2021 as a first-time homebuyer and am a little nervous about the process but your videos provide a lot of information. Thank you!
@ShaheedahHill
3 жыл бұрын
Thanks and you will be ready🙂. Thanks for watching!
@Kelz1005
2 жыл бұрын
Is your time ! Congrats 🎊
Good info queen! Thank you
@ShaheedahHill
2 жыл бұрын
You are so welcome, thank you for watching.
This is great information. Thank you so much.
@ShaheedahHill
Жыл бұрын
Thanks for watching!
Love your streams. So much great and valuable information for people like me!
@ShaheedahHill
5 ай бұрын
Thank you so much, I appreciate you watching and supporting my channel!👏🏽
Thank you Shaheedah this was very informative. I was able to go back and further discuss the process and ease my client’s anxiety. Also my mortgage lender was impressed and very grateful at how I educated myself!!!
@ShaheedahHill
3 жыл бұрын
So happy it was helpful and thanks for watching!
@NewYorkYankees1
4 ай бұрын
Who is your lender?
Thank you pretty lady, your videos are helping my wife and I along the process of buying a house
@ShaheedahHill
3 жыл бұрын
That's great, best of luck with the process.
Oh my goodness! I should have watched this sooner. This is good info. I'm in the process now...🙏
@ShaheedahHill
2 жыл бұрын
Congrats...you will be fine. 😊
Im in underwriting now. I have ran to your fb group or KZread channel every step of this journey! Thanks we almost there🖤🤎💯
@ShaheedahHill
3 жыл бұрын
This awesome...you will get there! Good luck in underwriting😀
Great video thank you ladies.
@ShaheedahHill
2 жыл бұрын
Thank you so much for watching!
Yes so true! Thank you 🙏🏾 for this information. After the the conditional approval the clock was ticking & running around trying to get all the documents need is nerve racking because you still don’t know if your fully approved or not.
@leele2579
2 жыл бұрын
You better preach cause that's the whole truth. My husband and I are currently going through that now
I'm So happy I found this Channel I must say you're A Beast in this helping people buy a home your channel is empowering . I've learned so much Thanks a lot
@ShaheedahHill
2 жыл бұрын
Thank you so much for finding me and thanks for watching.
Thank you for theinformation, you guys explained it really well.
@ShaheedahHill
Жыл бұрын
Thanks so much!
THANKS FOR THIS INFORMATION!! Going through this process NOW!😫
@ShaheedahHill
3 жыл бұрын
Thanks for watching and best of luck.
@crystaleeferguson1515
3 жыл бұрын
Me 2 😘
Great information!!
@ShaheedahHill
2 жыл бұрын
Thanks for watching!
Best underwriting information video available. The loan process is burdensome and these ladies made underwriting seem a lot more hopeful. The information is very thorough.
@ShaheedahHill
2 жыл бұрын
Thank you so much for the feedback and for watching!
I’m currently in the underwriting process, and I’ve been so stressed and worried about it. It’s nice to see others who felt this way as well. Thank you so much for this video, I have such a better understanding of what is taking place behind the scenes
@ShaheedahHill
2 жыл бұрын
Thank you so much and best of luck
@eboniebo1367
2 жыл бұрын
Did you get your home?!!
@2DivasCallMeMami
2 жыл бұрын
@@eboniebo1367 I go to closing next month! The house turned out absolutely beautiful! 😊 🏡
@relaxwithscriptures
2 жыл бұрын
Congratulations! 🥳🥳🥳🥳
I am late to the party, and I’m sooooooo glad I came across this video, I am in condition approved stage, but most of my stress came from my lender, everything most sound like they deal or dealt with going through underwriting was my experience before I even got there.. lol, which I think paid off when I made it to underwriting, she asked for a couple of explanation documents, which were something I could get done back right away, but I’m still sitting on the sidelines because I’m waiting on a new build and I’m hoping to close end of September, but I’m glad I can woosa a lil after watching this, you ladies asked and answered questions and concerns. Thank you for sharing!!!!
@ShaheedahHill
3 жыл бұрын
Thanks for watching, for new builds they will likely ask for updated documents when they have a firm closing date, about 30 days prior to closing.
Thanks ladies I needed this to unwine the stress
@ShaheedahHill
3 жыл бұрын
It will be fine, I'm sure. Your loan officer anticipates what the underwriter will ask for, for the most part. Best of luck and congrats on the home purchase!
@ricchfe8347
3 жыл бұрын
Thanks a bunch Shaheedah
Very informative! Thanks for sharing
@ShaheedahHill
3 жыл бұрын
Thank you!
@ShaheedahHill
3 жыл бұрын
Thank you!
Great information, very helpful! Thank you
@ShaheedahHill
5 ай бұрын
Glad it was helpful!
I’m in the process of closing my first house and this video answered all of my questions. Thanks a lot.
@brandonb.650
3 жыл бұрын
I am too! Wishing you the best!
@ShaheedahHill
3 жыл бұрын
Fantastic! Congratulations and best of luck!
Thank you for being deligent resourcefullness.I learn a lot🥰
@ShaheedahHill
2 жыл бұрын
You are so welcome. Thanks for watching!
Wow. This video was amazing. 👏🏻👏🏻
@ShaheedahHill
11 ай бұрын
Thank you so much!
This video is so helpful !
@ShaheedahHill
2 жыл бұрын
Thank you for watching!
Really good video!
@ShaheedahHill
3 жыл бұрын
Thanks!
This is the kind of in depth information we all need when we are in the stressful process of trying to get a mortgage loan. The underwriter is behind the scenes, so we don't get to ask them questions. I have learned that lenders aren't realtors and realtors aren't appraisers or inspectors. They all know their job, but they don't understand all the important things that the other person does. We need the facts "from the horses mouth". Thanks for answering our questions and taking some of the stress out of a complex process.
@ShaheedahHill
2 жыл бұрын
Thanks so much for the feedback. I really appreciate it 😊
My husband and I are current in the underwriting Process and Iam praying everything come back good thank you so mucho for the video it helped us a lot ya both did an amazing job ❤️🙏🏼🏡.
@ShaheedahHill
2 жыл бұрын
You are so welcome, best of luck! I am sure it will be fine 😊
You were both awesome! Very informative! I'm in the last steps of the underwriting process, and I have to say that this has been the most stressful time of my life. This is my first home purchase and this whole process has caused so much stress and anxiety that it has physically and mentally drained me. Suffering from bad tension headaches because of all of this; but this podcast/content has really helped me understand things and has given me hope and strength to keep pushing through this process with patience. Thank you!!! Be blessed!
@ShaheedahHill
3 жыл бұрын
Hey Johnathan, I totally understand. Push through it will be worth it. Thanks for watching and best of luck. There's nothing like owning your own home 🙂
Kicha was so clear and concise with her explanations, this was such an informative Q&A! I also love that you both added a sense of light-hearted perspective, because this process can be quite daunting when teaching oneself all of the steps / details.
@ShaheedahHill
4 ай бұрын
@missmermaid8760 Thank you for watching and the feedback!
In this process now. My anxiety is on 5000! This video has helped me understand the process more. 🙏🏾 Thank you.
@ShaheedahHill
3 жыл бұрын
Relax and go on a spending freeze until you close. As long as you are in the same or better financial positions as when you got approved, you will be fine. Congratulation on the home purchase!
@anavaisrael2032
3 жыл бұрын
Any updates?
@keshiamccray2173
3 жыл бұрын
@@anavaisrael2032 yes. Just received the appraisal and it's not where we wanted it to be. My realtor is suggesting a second appraisal. If that doesn't work, hopefully the seller will work with me on the price of the house. As far as the loan process the underwriting started 2 days ago. Haven't heard anything yet. Trying to stay calm 😌 Thanks for asking.
Great info
@ShaheedahHill
2 жыл бұрын
Thanks for watching!
Thanks for this video it was really helpful. This is our first home we had no idea about this underwriting process.. Looking forward to close in a few weeks🤪
@ShaheedahHill
3 жыл бұрын
Most welcome 😊 Best of luck and congratulations!
Your CHANNEL IS AWESOME some much real good info about housing 💯💯😮💨☺️👍🏽❤❤
@ShaheedahHill
Жыл бұрын
Thanks so much😊
Great video!
@ShaheedahHill
Жыл бұрын
Thanks so much
You ladies are awesome!!!!!
@ShaheedahHill
2 жыл бұрын
Thank you so much!!
Currently in underwriting for 1 & 1/2 week now, can’t wait til it’s all complete. I pray it goes well 🙏🏾
@ShaheedahHill
2 жыл бұрын
It will go fine, just satisfy the conditions in a timely manner and it will go b well.
@leele2579
2 жыл бұрын
How did it go. We are currently going through it as well. The tension is high around here