No, underwriting and closing are different stages in obtaining a loan or insurance policy. Underwriting is the evaluation and assessment of the applicant’s risk profile, while closing refers to the finalization of the transaction. During underwriting, the underwriter reviews and analyzes the applicant’s information, assesses risk, and makes a decision regarding approval or denial. Closing, on the other hand, involves completing paperwork, signing agreements, and disbursing funds or issuing the insurance policy.