Utah Borrowers Certification of Inventory
Description
How to fill out Borrowers Certification Of Inventory?
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FAQ
Borrower's Signature Authorization. Borrower Signature Authorization is a document signed by the applicant authorizing the lender to obtain and verify information and documentation from third parties that is needed in connection with the application for mortgage loan.
The borrower's certification and authorization also authorizes the lender to share information in the loan application with other parties. It also gives the lender the right to verify information in the loan application, credit application, and employment history.
The first is that you certify that all information you have given ? on the application, and in subsequent paperwork ? is true and complete. Secondly, you are authoring the release of credit, employment, and other information as needed to process and close your home loan.
I hereby authorize the Lender/Broker to verify my past and present employment earnings records, bank accounts, stock holdings, and any other asset balances that are needed to process my mortgage loan application.
This form is sent along with a request to any involved third party providing your authorization to request and receive the information. This speeds along the verification of the information contained in the mortgage application and allows the lender's underwriter to approve your loan request.
The borrower authorization form is a standard form that is signed by a loan applicant authorizing the lender to verify his/her information from a third party.
It offers first mortgage loans to qualified FHA and VA first-time homebuyers and homebuyers who have previously owned a home. FHA loans are assumable; the borrower must meet agency requirements and receive prior UHC approval. VA Loans are not assumable.
EIN: 87-0332029 (For FHA form 92900-LT, when the loan has secondary financing).
