B C D E F G H I J K L M N O P Q R S T U V W X Y Z U Underwriting:
This process is used to determine the approval status of a loan, it includes not just an evaluation of the buyers credit history and their ability to repay the mortgage but it also takes into consideration the property. Uniform Residential Loan Application:
This is an application for a basic mortgage that is required to be completed, it requires the borrowers income, assets, liabilities and a description of the property that the borrower is to be buying.
Unsecured Loan: This is a type of loan that is not backed by any form of collateral.