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Sep
28

what is a on a loan application?

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loan application
itsLOVE asked:

what are some general things that would be put on a loan application and what are restrictions that may be listed on it?

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  1. SG Elite Says:

    All information pertaining to the borrower are detrimental for the loan company to decide if the borrower qualifies for the loan applied for.

  2. Amanda H Says:

    I’m not sure what you mean by “restrictions listed”

    It would have:
    Name, address, phone, social security, birthdate, employment history, wages, all outstanding accounts/debts, any assets (401K, savings accounts, mutual funds), etc. Also any relevant data about collateral like the car or the home.

  3. spifiman1 Says:

    Amanda covered it.

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