A mortgage application is a form that an individual or business fills out to apply for a loan to purchase real estate. The loan is secured by the property, which means that if the borrower fails to repay the loan, they may lose their home.
When the borrower understands the reverse mortgage lender's responsibilities, the reverse mortgage application process becomes less confusing. (reversemortgagehelp.com)
Recent acceleration in conventional mortgage applications for purchase suggests that mortgage demand is strengthening, though it remains well below normal. (rismedia.com)
The process of mortgage application is anything but simple. (housing.com)