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What is an LSU form in real estate?

When opening escrow one of the important documents to provide to your Escrow Officer is the Loan Status Update aka \u201cLSU\u201d. The LSU allows for delivery to the Seller within five days after contract acceptance.

Does Arizona use mortgages?

Arizona mortgage overview There are many types of home loans and homebuyer assistance programs in the Grand Canyon State, including conventional mortgages, FHA loans and VA loans. Arizona conventional mortgages: Conventional mortgages generally require larger down payments than government-backed loans.

What is the purpose of the AAR prequalification form?

Purpose: This Pre-Qualification Form is to be used in conjunction with an AAR Residential Resale Real Estate Purchase Contract or Vacant Land/Lot Purchase Contract (\u201cContract\u201d).

What is an LSU in Arizona?

LOAN STATUS UPDATE (LSU)

What is an AAR application?

The AAR Organization Application is used by organizations to begin the process of registration and by registered organizations to submit a triennial update. The application is now completed online through the Registry portal. Organizations seeking initial enrollment should first submit the Organization Enrollment Form.

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