Skip to content
BOL Conferences

Thread Options
#1704089 - 05/29/12 07:44 PM Loan Application
What to Do Offline
New Poster
Joined: May 2012
Posts: 20
Creating a short new loan (Close End CE)application. Currently there is: Amount to Borrow
Purpose
Name
Social Security #
Address
Birthdate
Employer Name, Date Hire and Income
Pharse: permission to review my credit report.
Line for signatue and date

Are there other requirements that should be on the short form loan application. I was not able to locate anything under Reg Z?

Return to Top
#1724302 - 07/27/12 04:53 PM Re: Loan Application What to Do
NMB Offline
Gold Star
Joined: Jun 2002
Posts: 255
Southeast Michigan
How about the Reg B intent to apply jointly language?
_________________________
My comments and opinions are my own, not my employer's.

Return to Top
#1724381 - 07/27/12 05:41 PM Re: Loan Application What to Do
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 84,359
Galveston, TX
I see this is an older post, but the OP is looking in the wrong Regulation for application do's and don'ts. They should be referring to Regulation B. Asking for income without giving them the option to exclude certain types of income will get them in trouble also.
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

Return to Top