Application
Definition
A request for a loan that includes the information about the potential borrower, the property and the requested loan that the solicited lender needs to make a decision. In a narrower sense, the application refers to a standardized application form called the "1003" which the borrower is obliged to fill out.
Related Terms Other terms related to 'Application' starting with the letter 'A' Automated underwriting, Application fee, Amount financed, Appraisal, Alternative documentation Browse by Letter » 1 4 A B C D E F G H I J L M N O P Q R S T U V W Y | 