CarolinaMortgageConnection.com

Do a search online for “mortage underwriter” and many of the images you will find are of sharp looking, well dressed individuals that seemingly do not have a care in the world. For example, here is one right off the internet:

However, this is such a false pretense! Today’s mortgage underwriters, while professional and sharp, aren’t just sitting around with nothing to do! They are busy, very busy! Most of them are stressed, with dozens of files sitting on their desks that need to be looked at TODAY! In addition to the files they have to get to TODAY, they are also dealing with processors and loan officers calling and emailing them all day long.

Imagine if you will, you have 45 loan packages sitting on your desk. Each file has forms and papers just thrown in them in no particular order and you have to sort them out and make sense of them. Now, for each of those loans, consider that during that day you will get 2 phone calls and probably 3 emails regarding EACH ONE. That means that besides having to review 45 loans (and all the forms and papers that are included in each one) you will have roughly 225 interruptions. Each one is “urgent” and will give you the impression that you must stop everything you are doing to look at this file.

Sure there are occasional files that do need immediate attention, but for the most part they don’t. But if people would just leave you alone for a few hours you might be able to know a big dent in that stack!

Now.. here is what today’s mortgage underwriter looks like:

Don’t you want this job?

So if you ever wonder why its taking longer than you want to get a decision from an underwriter on your mortgage application, now you know why.

The Carolina Mortgage Connection understands what underwriters go through. That is why we make sure that we have as much as we can imagine to be needed before we even send in the mortgage file. We careful sort and stack the file so that it is in order and easy to review. In many cases, this makes an underwriter want to pull our file and move it to the top of the stack.

Of course there are times when something gets missed, or something more is needed. When that happens we work diligently to gather the information from the sources required and submit those conditions to get the final approval. Of course that underwriter still needs to go back and review those conditions, so its not an immediate answer.

The key to the entire process is patience. Let us deal with the stresses and work hard to get you to closing in a timely fashion. Rarely do we miss a closing date, so you can be sure you are in good hands.