Insurers use documents to verify an applicant's identity, credit history, and evaluate an applicant's financial status, while ensuring that the information provided is accurate. In the later stages of the homebuying process, a Mortgage Broker in Beaufort SC will evaluate your finances and credit history to determine your creditworthiness and ability to pay the mortgage. Ultimately, the Mortgage Broker in Beaufort SC ensures that the borrower doesn't close a mortgage they can't afford. Mortgage underwriting is the process of determining how risky it is for a lender to grant you a mortgage.
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