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Whenever Does an Underwriter Turn Down financing? Lenders make use of the underwriting procedure to determine whether candidates can afford and more likely to pay a debt.

Whenever Does an Underwriter Turn Down financing? Lenders make use of the underwriting procedure to determine whether candidates can afford and more likely to pay a debt. Underwriters test the four C’s of an applicant’s document: credit, cash, guarantee and capacity to payback. An underwriter turns lower that loan once the candidate does not fulfill..

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