In this episode, Russ O’Donnell, the CEO and founder of Call The Underwriter helps us understand the underwriting process. Correct and compliant underwriting can save you hundreds of thousands of dollars. Additionally, compliant underwriting can help ensure that your risk is protected. If you were to underwrite without meeting compliance, there’s a chance that you could lose your ability to foreclose on the borrower. This could cost you your entire investment!
That’s why it’s important to understand the underwriting process, and even more important to have someone like Russ O’Donnell on your team.