Underwriter: history and fun facts
Everything a curious kid might want to know about this job.
Did you know?
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Underwriters help decide if a family can get a loan to buy a home, so families can move into the house of their dreams!
Through history
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Long ago
People lending money long ago wrote their promises on paper and checked each other's words. Today, underwriters use computers to help them study those promises.
Tools of the trade
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Calculator
A calculator helps underwriters add, subtract, and multiply big lists of numbers quickly and carefully.
A day in the job
- 9:00 AMThe underwriter opens the day's files and reads each family's or business's details, like how much money comes in each month.
Words to know
- Underwrite
- To underwrite means to look carefully at all the facts before saying yes to a loan or a big promise.
Quiz time
Underwriters are only able to do their job if they are very good at drawing pictures.
