Aar lsu 2026

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The document is a Loan Status Update (LSU) form, updated in February 2011, which outlines the requirements for buyers to provide their loan status to sellers and brokers within five days of contract acceptance. It includes sections for lender information, buyer and seller details, loan type, occupancy type, pre-qualification information, and documentation received by the lender. The form ensures that all parties are informed about the loan process and status updates.

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Click ‘Get Form’ to open the AAR Loan Status Update (LSU) in the editor.
Begin by filling in the lender's information, including the company name, Arizona license number, loan officer details, and contact information.
Next, provide buyer and seller details along with the premises address and closing dates. Ensure all fields are accurately completed.
In the pre-qualification section, indicate whether the buyer is married or unmarried and specify if they are relying on any property sales for loan qualification.
Select the type of loan and occupancy type from the provided options. This helps clarify the nature of the financing.
Complete the documentation section by checking off items that have been received by the lender, ensuring all necessary documents are accounted for.
Finally, review all entries for accuracy before signing. Use our platform’s features to save or share your completed form as needed.

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What is LSU in real estate?

We go through the LSU (Loan Status Updates) which is an Arizona specific form. This is an important form that lenders will need to send to the sellers throughout the purchase transaction. We give our insight on the form and highlight the items we think are important for seller, buyers, and Realtors to be looking at.

What is a loan approval without PTD conditions?

Pursuant to Section 2e of the Contract, Buyer shall deliver to Seller the AAR Loan Status Update (LSU) describing the current status of Buyers proposed loan within ten (10) days after Contract acceptance and hereby instructs lender to provide an updated LSU to Broker(s) and Seller upon request.

What does LSU mean in real estate?

The Loan Contingency in the Contract says that if a buyer is not able to get a loan without Prior to Document (PTD) conditions the buyer is not obligated to complete the transaction. PTD conditions mean that loan documents will not be sent out because a lender requirement(s) has not been met by the buyer.