Mortgage Application
/ˈmɔːrɡɪʤ ˌæplɪˈkeɪʃən/
Definitions
- (n.) A formal request submitted by a borrower to a lender for loan approval secured by real property.
The mortgage application included detailed financial information for underwriting.
Forms
- mortgage application
- mortgage applications
Related terms
See also
Commentary
The mortgage application is the initial step in the mortgage lending process and must contain accurate disclosures for valid loan processing.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.