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Free Extension Underwriting Checklist for Private Lenders
Every extension starts with a loan you already approved. But property values shift, borrowers take on new debt, and coverage set at origination can fall short. This checklist covers the six areas to re-verify at extension, and it’s built to help you:
- Recheck value, LTV, and the borrower’s exit strategy before you commit to new terms
- Catch new liens, lapsed insurance, and credit changes since origination
- Score your extension process and see where the blind spots are
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