Who is required to sign a mortgage loan application?

In a mortgage loan application process, it is essential for both the applicant(s) and the loan originator to sign the application. The applicant(s), who are seeking the mortgage, must sign to indicate their intent to borrow and agree to the terms of the loan. Their signature confirms that the information provided in the application is accurate and complete to the best of their knowledge, which is a critical legal component of the application process.

The loan originator also signs the mortgage loan application. This indicates that the loan originator has facilitated the application process, has ensured the form is filled out correctly, and has provided the necessary disclosures required by law. This dual-signature process ensures accountability on both sides and is designed to protect both the lender and the borrowers.

While it may seem that other parties, like the loan processor, might be involved in the process, they do not need to sign the application. Their role is usually to assist in processing the application and verifying the information, but they are not part of the legal agreement being signed regarding the mortgage loan.