Unless the lender denies your application, you should look for these four important documents either at or shortly after application: Good Faith Estimate (GFE) disclosure. Generally, the lender is required to send to you the GFE within three business days ...
Do not submit information that you know is not true on your loan application and do not use a lender or broker who suggests you do so. There can be legal consequences for doing so. If a lender or broker ...
A loan application means that you have given a lender or a mortgage broker certain information in anticipation of a credit decision. Information you give might include your name, a property address,desiredloan amount, social security number (to obtain a credit ...
Lenders are required to mail a Good Faith Estimate (GFE) to you within three business days after you completed your application. If a lender denies your application, it must mail you a notice of the denial within 30 days of ...
Dont be discouraged. Another lender may approve you for a loan. Meanwhile, you should request an explanation from your lender as to why your application was denied. The lender is required to provide you this explanation in writing if you ...