Mortgage applicant definition

Mortgage applicant means an applicant for a residential mortgage loan or a person who is solicited (or contacts a mortgage banker or originator in response to a solicitation) to obtain a residential mortgage loan, and includes a person who has not completed or started completing a formal loan application on the appropriate form (e.g., Fannie Mae's Form 1003 Uniform Residential Loan Application), but has submitted financial information constituting an application, as provided by paragraph (1) of this section.
Mortgage applicant means an applicant for a residen- tial mortgage loan or a person who is solicited (or contacts an originator or an individual acting or attempting to act in the capacity of an origina- tor in response to a solicitation) to obtain a residential mortgage loan, and includes a person who has not completed or started completing a formal loan application on the appropriate form (e.g., Fannie Mae's Form 1003 Uniform Residential Loan Application), but has submitted financial information constituting an application as provided by para- graph (1) of this section.
Mortgage applicant means an applicant for a res- idential mortgage loan or a person who is solicited (or contacts a mort- gage banker or originator in response to a solicitation) to obtain a res- idential mortgage loan, and includes a person who has not completed or started completing a formal loan application on the appropriate form (e.g., Fannie Mae's Form 1003 Uniform Residential Loan Application), but has submitted financial information constituting an application, as provided by paragraph (1) of this section.

Examples of Mortgage applicant in a sentence

  • Broker has no knowledge of any circumstances or conditions with respect to any Loan Submission Package or the related mortgaged property (the “Mortgage Property”) or loan applicant that Broker reasonably believes could be expected to cause the resulting Mortgage applicant that Broker reasonably believes could be expected to cause the resulting Mortgage Loan to become delinquent or adversely affect the value or marketability of such Mortgage Loan.


More Definitions of Mortgage applicant

Mortgage applicant means: 23
Mortgage applicant means an applicant for a residential mortgage loan or a person who is solicited to obtain a residential mortgage loan, and includes a person who has not completed or started completing a formal loan application on the appropriate form (e.g., Fannie Mae’s Form
Mortgage applicant means your client(s) that you may submit Content on behalf of.
Mortgage applicant means an applicant for a residential mortgage loan or a person who is solicited (or contacts an originator in response to a solicitation) to
Mortgage applicant means an applicant for a wrap mortgage loan or a person who is solicited (or contacts a wrap lender in response to a solicitation) to obtain a wrap mortgage loan, and includes a person who has not completed or started completing a formal loan application on the appropriate form (e.g., Fannie Mae's Form 1003 Uniform Residential Mortgage Loan Application), but has submitted financial information constituting an application, as provided by paragraph (1) of this section.
Mortgage applicant means a person who is solicited to purchase or who purchases the services of a mortgage broker.
Mortgage applicant means a person who is solicited to use or who uses a mortgage broker to obtain a mortgage loan;