Application means the submission of financial information in anticipation of a credit decision.
Conventional mortgage means conventional mortgage as used in section 305(a)(2) of the Federal Home Loan Mortgage Corporation Act (12 U.S.C. 1454(a)(2) ) or section 302(b)(2) of the Federal National Mortgage Association Charter Act (12 U.S.C. 1717(b)(2) ), as applicable.
Mortgagee means mortgagee as defined in § 202.2 of this chapter.
Prospective FHA mortgagor means a person who submits an application to a mortgagee to obtain mortgage insurance authorized under section 203(b) of the National Housing Act (12 U.S.C. 1709 ).
24 C.F.R. §203.10