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Language Foundation

Application withdrawn

Application withdrawn is the state of a mortgage application that has been taken back by the applicant and is no longer being considered.

In plain English

This means the person who applied has pulled the mortgage request back. After that, it is treated as no longer under consideration.

In context

Here, it reports that the mortgage application is no longer active because the applicant took it back.

Situation
Following home-purchase, mortgage, valuation, survey, and closing administration
What it communicates
reports that the application is no longer active because it was withdrawn.

Meaning limits

By itself, this status does not say why it was withdrawn or anything else about the application's merits.

Examples

“The mortgage request became Application withdrawn when Elena took it back, so it was no longer considered.”

Core meaning

“Because the applicant had cancelled the mortgage request, the broker recorded it as Application withdrawn.”

In context

  • application status Broader Term

    This is one named state in the processing of an application.

  • application declined Contrast

    This differs because a declined application is rejected rather than taken back by the applicant.