How Has Covid 19 Affected Mortgage Underwriting

Short answer: Made it much more difficult. 

If you lost your job and no longer earning income, the bank will no longer give you a new mortgage, unless you have a letter stating you have a guaranteed return date.  Good luck getting this.   

If you are self-employed and the bank thinks that your business has been impacted dramatically, banks will no longer give you a new mortgage.

On top of that, the underwriting process has become delayed.  Everyone is now working from home and the process of getting exceptions and timely email answer replies has been disturbed dramatically. 

What's the solution?

Patience.