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 residential 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 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 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

  • Independent Mortgage Contractors agree to complete the CMB Worksheet, CMB Introduction forms on behalf of the Mortgage Applicant and to submit such worksheet to the lenders via the mortgage software.


More Definitions of Mortgage applicant

Mortgage applicant means: 23
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 a person who is solicited to use or who uses a mortgage broker to obtain a mortgage loan;
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 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 1003 Uniform Residential Loan Application), but who has submitted financial information constituting an application, as provided by paragraph (1) of this section [Residential mortgage loan originator" has the meaning assigned in Finance Code, §180.002].
Mortgage applicant means a person who is solicited to purchase or who purchases the services of a mortgage broker.