Topics
Getting Started
For those who are new to Sagen’s Underwriting Policies and Standards, we have outlined the most important details about the document and how to find information, right at your fingertips.
Covenant Underwriting
Policies related to the borrower(s) on items such as: income and employment, down payment sources, interest rates, debt servicing and credit.
Real Estate Underwriting
Detailed outline of collateral policies, including private sales, equity buy-outs, power of sale properties and new construction builds.
Underwriting Process
Sagen Service options, including appraisal details for standard transactional mortgage insurance applications.
Underwriting Documentation
Policies on documents that Lenders are responsible for retaining on file are to support new loans and changes to existing loans.
Roles and Responsibilities
Roles and responsibilities of both Sagen and the Lender with policies on loan security and default management tools.