During the underwriting process, applicants can expect a thorough evaluation of their financial information and risk profile. This may involve providing documentation such as tax forms, bank statements, and credit reports. Underwriters assess factors like creditworthiness, income stability, debt levels, and overall financial health. They may also conduct risk assessments to determine the appropriate terms, coverage amounts, or interest rates. Throughout the process, clear communication with the underwriter or loan officer is important to address additional information or documentation requirements and understand the underwriting decisions made.