Required Loan Application File Documents

Section 1050.1177 Required Loan Application File Documents For licensees engaged in loan brokering or originating, each licensee shall maintain a loan application file for each loan application.  Each loan application file shall include: a)         the Loan Brokerage Agreement and Loan Brokerage Disclosure Statement, if any mortgage loan brokerage services were utilized by the borrower; b)         the Borrower Information Document; c)         all documents signed by the borrower or borrowers, including, but not limited to, the initial loan application, disclosure documents and closing documents; d)         the appraisal and credit report, as well as other third-party documents relating to the loan; and e)         all other documents in or related to the loan file.