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What documents or information constitute an "application" for a mortgage loan? The term "application" is not defined in the Act. It is the Director's opinion, however A mortgage application is also known as a the Uniform Residential Loan Application. This five-page document provides a lender with the basic information needed to
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What documents or information constitute an "application" for a mortgage loan? The term "application" is not defined in the Act. It is the Director's opinion, however Six pieces of information are needed to constitute a loan application: borrower’s name, Social Security number, monthly income, property address, estimated property
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