Simply Adverse Pre-Underwriter

Dcrom17

Hi All
we are currently going through a FTB application 
we had our AIP, and then a “pre-underwriter” went through our application before the offer went in. Now we are waiting on a decision 

My questions are 
1) what is the role of the Preunderwriter and have they already reviewed all necessary potential problems?
2) what are other peoples experiences of this process? 

Thanks 

MovingForwards

Which lender is it as they all have different requirements.

A pre-underwriter will check to make sure everything has been provided, completed and meets criteria etc. In theory they spot any issues, but it's still down to the underwriter to say yes or no when everything is in, including the valuation.

My experience was fine, a few bits of information was needed, the underwriter asked for clarification of a something.

Assuming this is a sub-prime lender, it's fairly normal as it's a personal, not computer based, approach to assessing applications.