A borrower s guide to mortgage application
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How to Apply Offline or Online Mortgage Application? PowerPoint PPT Presentation

This section of an offline or online mortgage application deals with the property information and purpose of the loan. If you haven’t yet decided the type of property that you wish to purchase, parts of this section will be checked as “to be determined.” The other info that you need to fill in this section includes, who will own the house, how the title will be held and the source of down payment.

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How to Apply Offline or Online Mortgage Application?

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A Borrower’s Guide to Mortgage Application

All Western Mortgage - Serving Its Customers Since 1981.


What is a mortgage application?

  • The basic purpose of a mortgage application is helping the lender decide whether to lend money to the borrower or not. But when you apply for a mortgage, filling the standard Uniform Residential Loan Application is a little bit more complicated than that.

There are a total of 5 sections in the application form and here is a section by section summary of the same, which will allow you to understand it better.

Now that you are aware of all the sections of a mortgage application, fill it up here and avail best interest rates on home loans offered by All Western Mortgage.

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