What's a mortgage application?

@london_lueilwitz 

A mortgage application is a formal request submitted by a borrower to a lender, typically a bank or a financial institution, to obtain a loan in order to purchase a property or refinance an existing mortgage. The application collects personal and financial information about the borrower, including income, employment history, credit score, and details about the property being financed. The lender reviews and assesses this information to determine the borrower's eligibility for a mortgage loan and the terms and conditions under which it will be granted.