Real Estate Term of the Day: Loan Application
Real Estate Term of the Day: Loan Application LOAN APPLICATION – document required by a lender prior to issuing a loan commitment. This application usually includes: 1. name of borrower, 2. amount and terms of loan. 3. description of the subject property to mortgaged and 4. borrower’s financial and employment data (Barron’s Dictionary of Real Estate Terms) According to … More Real Estate Term of the Day: Loan Application
