TM Newsflash 04: Applicant Information

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Uploaded by on Sep 29, 2011

This video focuses on what is meant by the term "applicant." Faliure to understand this concept and a failure to identify the "applicant" correctly in the application may result in a void application.

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  • @firetolight

    The second applicant should select the entity type appropriate to what it is. For example, if you and another individual are applying together as “joint applicants,” you’d each select “individual” as your entity type. To ensure the record is clear that you are “joint applicants,” you may wish to include the following statement in the Miscellaneous Statement portion of the Additional Statements section of the application: “The applicants are Joint Applicants.”

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  • In the joint applicants section, the first named applicant checks "individual". Does the second applicant also check "individual", or "joint application"?

  • Excellent info.

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