LAF - LOUGH -:) Loan Application Form, page-6

LAF stands for Loan Application Form


LAF is filled in by loan brocker/bank officer/using info "collected" from mortgage applicant

This form states you income and assets..


Once this form is completed it is send to loan approval team within Bank for approval with determines how much you can borrow...


You will be surprised how many LAF are "overstretched" by overstating assets and/or income..


If such "overstretching " is done by brocker or bank officer without your knowledge you can have your Loan Forgiven ...


Go and check your LAF..