Last reviewed 08-20-2026Short-Sale.com Editorialglossary

LOAN APPLICATION

California Department of Real Estate

Updated 08-20-2026

LOAN APPLICATION

The loan application is a source of information on which the lender bases a decision to make the loan; defines the terms of the loan contract, gives the name of the borrower, place of employment, salary, bank accounts, and credit references, and describes the real estate that is to be mortgaged. It also stipulates the amount of loan being applied for and repayment terms.

California Department of Real Estate Glossary

California Department of Real Estate · p. 21

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