The only reference pertaining to the VA (that I can find) involves the computation of your combined rating. For instance: Two 50's combine to 75 and round up to 80. The 80 represents the final degree of disability.
FHA Loan Underwriting Process. ............................................................................... Once your file has been submitted to the investor, it will be underwritten. This is when an underwriter will review your file and render a loan decision. This portion of the loan normally take 2-5 days. The underwriter will review of the information and make sure that it conforms to the guidelines that FHA has set forth. The underwriter will review all of the following aspects of the file:
:) not happy though about how hideously long it took. Now I am waiting on a closing date. So my underwriting is FINALLY done. If you did an FHA-it could take even longer. ---Keep in mind though, if you are just waiting for the mortgage commitment letter, you should have that in about a week.But that does NOT mean your underwriting is over. :(. Someone once told me that you are never truly 100% approved until you CLOSE.f you did an FHA-it could take even longer. ---Keep in mind though, if you are just waiting for the mortgage commitment letter, you should have that in about a week. But that does NOT mean your underwriting is over. :(. Someone once told me that you are never truly 100% approved until you CLOSE.