Sentences with phrase «buyers complete a loan application»

Lenders make potential buyers complete a loan application detailing their work history, credit card debt, and residential history among other things.

Not exact matches

Buyers are required to complete their pre-closing counseling within the time period beginning with the date of loan application, and ending with the date 3 days prior to closing.

The buyer (borrower) completes a mortgage application with the loan officer and supplies all of the required documentation for processing.

Proof of the buyer's ability to purchase the property, i.e., a completed loan application, pre-approval by another lender, or evidence of cash on hand (bank statement);