Serving Curtis and Newberry MichiganCurtis: (906) 586-9606The leader in Central Upper Peninsula real estate | ![]() |
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Real Estate Glossary4 - A - B - C - D - E - F - G - H - I - J - L - M - N - O - P - Q - R - S - T - U - V - W -underwriting The process of evaluating a loan application to determine the risk involved for the lender. Underwriting involves an analysis of the borrower's creditworthiness and the quality of the property itself.unsecured loan A loan that is not backed by collateral. |
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