Question

What does underwriting include in the general lending process?

1. Discussing loan amount and interest rate with the borrower
2. Creating documentation for the borrower to sign
3. Monitoring loan account
4. Assessing the borrower’s eligibility for the loan​

Answer 1

Answer:

assessing the borrowers eligibility for the loan

Explanation:

lenders access the borrowers eliglblity for the loan and verified to underwriter and application and loan process