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Updated over 6 years ago on . Most recent reply

Wiley Strahan's profile image
Wiley Strahan's profile image
Wiley Strahan
  • Rental Property Investor
  • from Los Angeles, CA
  • Member since May 10, 2015
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62
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Wiley Strahan's profile image
Wiley Strahan's profile image
Wiley Strahan
  • Rental Property Investor
  • from Los Angeles, CA
  • Member since May 10, 2015
Connect
Wiley Strahan
  • Rental Property Investor
  • Los Angeles, CA
33
Votes |
62
Posts
Starting Out

Underwriting Upfront vs Back End

Wiley Strahan
  • Rental Property Investor
  • Los Angeles, CA
Posted

Hi All,

I am currently working with a mortgage broker and they advertise that they complete the underwriting process up front versus doing it on the back end of the mortgage. They are pitching that this methodology makes my offers "just like cash". Is this true and why wouldn't everyone do this if this is the case?

Thanks in advance!

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