mortgage application
- noun
- /ˈmɔːrɡɪdʒ ˌæplɪˈkeɪʃən/
- Formal
- I submitted my mortgage application last week to secure financing for my new home.
- home mortgage application
- mortgage application process
- new mortgage application
Examples
-
Being aware of the contents of your credit score report before lenders is not going to present excellent information about the possible outcome of your mortgage application.
Blog text (5) -
But during the superheated real estate market of just a few years ago, longtime residents sold out to developers who rapidly demolished the old to build rows of plain vanilla townhouses sold, it seemed, to anyone who could sign a mortgage application.
Blog text (31) -
After the rejection of a mortgage application.
Blog text (25) -
Your mortgage application at First National bounced back.
-
Why should people who lied on their mortgage applications, or simply over-leveraged themselves, be given a pass?
Blog text (10) -
The mortgage application process requires filling out volumes of paperwork and gathering personal documents.
Blog text (25) -
As a consequence, lenders would think about them as economic dangers, and because of this, their upcoming mortgage applications are denied.
Blog text (14) -
Meanwhile, on Trump's watch, the stock market and consumer confidence have hit all-time highs, the number of mortgage applications for new homes has reached a seven-year high, and gas prices have fallen to a 12-year low.
Academic text (2018) -
At the pro-business American Enterprise Institute, resident fellow Alex Pollock, a financial-policy expert, has created what he calls the Pollock one-page mortgage application form.
Blog text (21) -
As well, pinched consumer spending in an austere outlook, tight credit, and depressed new-mortgage applications in both regions have spooked appliance makers, which rely on a buoyant housing market.
Blog text (31)
Synonyms
A written request for something, for example a job or a place at school
A request you send to a bank to borrow money
A document with questions to fill in when you apply for a job or a course
Surface Forms
Morphology
The meaning 'a formal request to obtain a mortgage loan' is directly derivable from 'mortgage' (a loan secured by property) combined with 'application' (a written request/form). This is a straightforward noun–noun composition following common modification patterns and is cross-linguistically transparent, so a B1 learner who knows both constituents will understand it.
Etymology
Mortgage application may come from old words that meant a 'dead pledge' — a promise made when someone borrowed money to buy a house, where the house could be taken if the debt was not repaid. The word application means a formal request, so a mortgage application is the official request to get that house loan, and the name reminds you the loan is tied to the home.