Application

(3)(i) Application means the submission of a consumer's financial information for the purposes of obtaining an extension of credit.
(ii) For transactions subject to 1026.19(e), (f), or (g) of this part, an application consists of the submission of the consumer's name, the consumer's income, the consumer's social security number to obtain a credit report, the property address, an estimate of the value of the property, and the mortgage loan amount sought.

Source

12 CFR § 1026.2


Scoping language

None
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