Blank Uniform Residential Loan Application Form 1003
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How to fill out Blank Uniform Residential Loan Application Form 1003?
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Terms in this set (88)Borrower's name.Borrower's monthly income.Borrower's social security number to obtain a credit report.Property address.Estimate of the value of the property.Mortgage loan amount.
Uniform Residential Loan Application (Form 1003)
Loan officers are required to provide you with a Loan Estimate once you have provided:your name,your income,your Social Security number (so the lender can pull a credit report),the property address,an estimate of the value of the property, and.the desired loan amount.
Documenting the Loan ApplicationA complete, signed, and dated version of the final Form 1003 must always be included in the loan file. The final Form 1003 must reflect the income, assets, debts, and final loan terms used in the underwriting process.
Details that must be provided in this section are:Property address.Property value.Status of property (sold, pending sale, retained)Intended occupancy (investment, primary residence, second home, other)Monthly expenses (such as insurance, taxes and HOA dues) not included in mortgage payment.More items...?