The underwriting process is completed by underwriters or the entities furnishing the loan, such as mortgage lenders, depositories, of investors. Of the following duties, which is NOT the responsibility of an underwriter?

Outlines the terms of the loan.

Determines the buyer's financial strength by examining the origin of the buyer's down payment money.

Compares the buyer's income to the proposed mortgage payment and recurring debts.

Evaluates borrower eligibility for loss mitigation.