Real Estate Glossary: U

A   B   C   D   E   F   G   H   I   J   L   M   N   O   P   Q   R   S   T   U   V   W

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.

Unsecured Loan

A loan that is not backed by collateral.