Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about loan application: | |||||||||||||||||||||||
Questions About the Failure of Mortgage Locks
December 15, 2003 ?Why have lock failures increased recently? A lock failure occurs when a lender does not honor a mortgage price that a borrower had believed was guaranteed. Lock failures occur when interest rates are rising and honoring locks is costly to lenders. ... more... Should I Lie About My Income? March 5, 2001 ?I'm self-employed with a low income, but my credit is perfect and I have substantial assets. I felt I was a perfect candidate for a no-ratio loan but my mortgage broker showed me that I can get a lower interest rate with a "stated income" loan ... more... |
|||||||||||||||||||||||
loan application related definitions |
|||||||||||||||||||||||
Loan Application
Loan Application The form used to obtain the borrower’s information and define the terms of the loan. Also is commonly referred to as the 1003 form - Uniform Residential Mortgage Loan Application. The lender may accept applications taken during a face-to-face ... more... Standard Uniform Loan Application, Form 1003 Standard Uniform Loan Application, Form 1003 A standard loan application widely used in the mortgage industry. Lenders use Fannie Mae Form 1003 to record relevant financial information about an applicant who applies for a conventional one- to four-family mortgage. Download ... more... |
|||||||||||||||||||||||
More about loan application Paperless Payday Loan - Points To Consider With a No Fax Payday Loan Home Equity Loans Online Is an Instant Cash Advance Really "Instant"? Lawsuit Loans - Caveat Emptor! Refinance Mortgage Loan Tips on Refinancing Your Home Mortgage Refinance Mortgage Loan - Tips on Refinancing Your Home Mortgage Do You Qualify for a Loan? Do You Qualify For The FHA Home Loan? Buy A Home After A Disaster With Government Help Faxless Payday & Cash Advance Loans - Fast Cash, No Faxing Loans, The Easiest Payday Loan Process
|
|
||||||||||||||||||||||
|