Residential Loan Application for Reverse Mortgages
This application is designed to be completed by the applicant(s) with the lender’s assistance. Applicants should complete this form as “Borrower” or “Co-Borrower”, as applicable. Co-Borrower information must be provided when a person other than the “Borrower” (including the Borrower’s spouse) is a co-owner of the real property that will be used as a basis for loan qualification or the Borrower’s spouse is not a co-owner of the real property that will be used as a basis for loan qualification, but the Borrower resides in a community property state or the security property is located in a community property state.