What are the six elements that trigger a loan application has been received and then requires the le
What are the six elements that trigger a loan application has been received and then requires the lender issue the Loan Estimate within three business days?
You can easily remember the six elements by its acronym = A.L.I.E.N.S. (See 12 CFR § 1026.2(a)(3)(ii))
Address of Property
Loan Amount Sought
Income
Estimated Value
Name
Social Security Number
You can easily remember the six elements by its acronym = A.L.I.E.N.S. (See 12 CFR § 1026.2(a)(3)(ii))
Address of Property
Loan Amount Sought
Income
Estimated Value
Name
Social Security Number
12/18/2015