What is loan application - Understanding the Dynamics of Instant Loans



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

Get Free loan application Quotes and Estimates
Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Understanding the Dynamics of Instant Loans
Before taking the decision to utilise an instant loan, decide what an instant loan actually means to you. Does it mean a loan that gets you money in a single day or is it simply a loan that is approved fast? Though they appear similar, they are not. These are two entirely different cases and ... more...

Refinance Your Home Equity Loan
Refinancing your home equity loan is an excellent way to save money. By refinancing your home equity loan you can lower your interest rate and finance for a longer or shorter term. Some things to consider before refinancing your home equity loan are the possible tax benefits, how long you intend to ... more...

Understand Mortgage Lender Responsibilities Before Your Application is Accepted
The mortgage process can be a very involved event. Future home owners often spend days, sometime months shopping lenders, looking at homes, saving for a down payment and deciding exactly how much money he or she can afford on a monthly mortgage payment.Finding and purchasing a home is more than ... more...

Home Mortgage Loan Refinance Benefits To Refinancing Your House Online
Here are some of the benefits to doing your home loan refinance online:Everything seems to happen faster - Online, when looking for a mortgage loan you can search around, fill out an application and a few minutes later, you can be receiving a pre-approval letter via email. There was no calling, no ... more...

Home Mortgage Loan Refinance - Benefits To Refinancing Your House Online
Here are some of the benefits to doing your home loan refinance online:Everything seems to happen faster - Online, when looking for a mortgage loan you can search around, fill out an application and a few minutes later, you can be receiving a pre-approval letter via email. There was no calling, no ... more...

Bad Credit Business Loans When Your Credibility Becomes Secondary to Bad Credit
A business stands firm on the ground with the help of funds. Every business man would know that without finances one cant establish or advance a viable business plan. Not everyone is born with the kind of money required for furthering a business plan. Bad credit is so prevalent and this is the ... more...

First Time Home Buyers Guide - A Valuable Resource For Those With No Credit Or Bad Credit
First time homebuyers with bad credit can find buying a home a challenge. Are you a first time homebuyer who has bad credit? This does not always mean you have to suffer with high interest rates or no mortgage at all. There are many choices out there for both first time buyers and those with bad ... more...

How I Raised My Credit Score 40 Points in 24hrs AND Saved $658 a Month in Interest!
Its never easy to talk about credit. Not with friends, not with family, not online, and, most of all, not with myself. Yes, I let a monthly payment go by here and there. Ive maxed out my share of credit cards. Ive bought cars that I really couldnt afford. I ate out. A lot. At expensive restaurants. ... more...

Business Loans: Translating Potential for Financial Success and Independence.
A good entrepreneur knows that the essence of striking gold in business is finding the right opportunity and going after it despite the risks. These opportunities keep on sprouting when you are doing business. Or you might have stumbled upon one and contemplating taking it. Your financial condition ... more...

Easy UK Loans - Loans Now Come Handy
You may go for shopping with friends and family. What is the foremost thing you keep into consideration price or brand? Different people have different perceptions; some of you may be brand conscious while others keep their eyes on price while shopping. Whatever you may be shopping a loan or a ... more...

Return to previous page