Knowing all the mortgage underwriting guidelines is key for any mortgage underwriter. Having a complete understanding of all new and existing regulations, compliance changes, new rules, DODD/FRANK laws, etc. can make a big difference. Learning to to articulate the maze of mortgage underwriting guidelines enables every mortgage underwriter to grasp the loan options available for purchasing or refinancing a home. 

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Important Items to Consider:
---> Income
---> Debt
---> Credit History
---> Savings
---> Debt vs Income Ratio

Compiling the data to see if a borrower qualifies for a mortgage loan is an essential step for any underwriter. All lending institutions have different Underwriting Guildelines set in place when reviewing a borrower's financial history to determine the likelihood of receiving on-time payments