Bel-Cross : Glossary : U

Glossary - U

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Underwriting: The process of evaluating a loan application to determine the risk involved for the lender. Underwriting involves an analysis of the borrower's creditworthiness and the quality of the property itself.

Unethical: Lacking in moral principal; failing to conform to an accepted code of behavior.

Unsecured loan: A loan that is not backed by collateral.

Bel-Cross Properties is a member of the National Association of REALTORS® and subscribes to the Equal Housing Opportunity. REALTOR® -- A registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics. Inquiries regarding the Code of Ethics should be directed to the board in which a REALTOR® holds membership.

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