[April]

We have always used consumer applications for our commercial loans, but are considering using the Laser Pro generated commercial application. Is there guidance we need to consider and make sure the applications are compliant?

[rcooper]

Your LOS should provide an acceptable application. You might consider how you plan to document joint intent under Reg B. I have also seen commercial applications that include the Reg B appraisal notice. You should be able to find some samples online for comparison.

[Author]

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