INSPECTION REPORT SUMMARY

Definition

An inspection report summary distills the findings of a full inspection into key points for underwriters and case managers-confirming employment, income ranges, business legitimacy, lifestyle disclosures, and any red flags. The summary expedites decisions by highlighting material facts and discrepancies that may require additional documentation or carrier review, while maintaining FCRA compliance in communications and recordkeeping.

Common Usage

Case managers use summaries to quickly spot issues-income variance, undisclosed travel-and request clarifications before the file reaches the underwriter, keeping cycle time short.