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noun
1.
Underwriting is the process by which insurance companies evaluate the Risk of a car, home, or other property or individual to be insured. This process takes place when you submit your application, and is done by an Underwriter from an insurance company.
Do you know what Dwelling Coverage is?
While protection is never a bad thing, you want to make sure the value of the coverage outweighs the added cost.
When selecting a mortgage, one of the most critical choices is between a fixed or variable interest-rate mortgage.