Determining if your use of Mortgage Preflight^® is defined as an ‘Application” is largely dependent on your specific practices and guidelines and how you use Mortgage Preflight^®. As each end user has unique procedures and practices, Credit Technologies^® is not able to provide specific compliance advice. Generally speaking, it is our belief that Mortgage Preflight^® in and of itself does NOT meet the criteria of an application. As with all legal and compliance questions, you should seek a qualified opinion for determinations based on your actual usage. The FDIC provides a good overview on the difference between prequalification and application in their publication entitled Mortgage Loan PreQualifications: Application or Not?