Can a loan be denied in underwriting?


  1. Can a loan be denied in underwriting?
  2. Is no news good news in underwriting?

Can a loan be denied in underwriting?

Even if you are pre-approved, your underwriting can still be denied. Your loan is never fully approved until the underwriter confirms that you are able to pay back the loan. Underwriters can deny your loan application for several reasons, from minor to major.

Is no news good news in underwriting?

When it comes to mortgage lending, no news isn’t necessarily good news. Particularly in today’s economic climate, many lenders are struggling to meet closing deadlines, but don’t readily offer up that information.