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Uniform Residential Loan Application

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Uniform Residential Loan Application

File Type: Word      Price: $9.99         Add To Cart:

                                                                                                  

Summary:  

Widely used within the mortgage industry, this uniform residential loan application, is in Microsoft Word (as opposed to PDF) so that you may customize the document to meet your needs, change or modify the document, add company logo, etc. Add To Cart

 

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Uniform Residential Loan Application

____________________________________________________________________________________________

This application is designed to be completed by the applicant(s) with the Lender’s assistance. Applicants should complete this form as “Borrower” or “Co-Borrower,” as applicable. Co-Borrower information must also be provided (and the appropriate box checked) when  FORM CHECKBOX  the income or assets of a person other than the Borrower (including the Borrower’s spouse) will be used as a basis for loan qualification or  FORM CHECKBOX  the income or assets of the Borrower’s spouse or other person who has community property or similar rights pursuant to applicable state law will not be used as a basis for loan qualification, but his or her liabilities must be considered because the spouse or other person who has community property or similar rights and the Borrower resides in a community property state, the security property is located in a community property state, or the Borrower is relying on other property located in a community property state as a basis for repayment of the loan.  

If this is an application for joint credit, Borrower and Co-Borrower each agree that we intend to apply for joint credit (sign below):

_____________________________________              __________________________________________

Borrower                                                                                  Co-Borrower

 

I. TYPE OF MORTGAGE AND TERMS OF LOAN

 

 

Mortgage Applied for:

 VA   

  USDA/Rural Housing Service

 FHA  

  Conventional  

Other (explain):

    

Agency Case Number     

Lender Case Number

 

 

Amount

$     

Interest Rate     

%

No. of Months     

Amortization Type:

   Fixed Rate

   GPM

 Other (explain):

  ARM (type):          

 

 

II. PROPERTY INFORMATION AND PURPOSE OF LOAN

 

 

Subject Property Address (street, city, state & ZIP)

     

No. of Units    

 

 

Legal Description of Subject Property (attach description if necessary)

    

Year Built

    

 

 

Purpose of Loan         

Purchase  

Refinance  

Construction

Construction-Permanent    

Other (explain):

                                                  

Property will be:

           Primary Residence

           Secondary Residence        

           Investment

 

 

Complete this line if construction or construction-permanent loan.

 

Year Lot Acquired     

Original Cost

 

 

$     

Amount Existing Liens

 

$     

(a) Present Value of Lot

 

$       

(b) Cost of Improvements

 

$    

Total (a + b)

 

 

$

 

 

Complete this line if this is a refinance loan.

 

Year Acquired     

Original Cost

 

 

$     

Amount Existing Liens

 

$    

Purpose of Refinance     

Describe               made  to be made

Improvements

 

 

Title will be held in what Name(s)

    

Manner in which Title will be held

    

Estate will be held in:

 Fee Simple

 Leasehold

 (show expiration date)

 

 

 

Source of Down Payment, Settlement Charges, and/or Subordinate Financing (explain)     

 

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This Topic In The News

First Trade Union Bank Selects PHH Mortgage as Strategic Outsource Partner (Business Wire via Yahoo! Finance)
BOSTON----First Trade Union Bank today announced that it has selected PHH Mortgage, a subsidiary of PHH Corporation , as a strategic outsourcing partner for its mortgage loan origination and servicing business.
Mortgage broker sentenced in loan fraud (Asbury Park Press)
A former Freehold mortgage broker was sentenced to a year of home confinement and five years' probation for submitting fraudulent documents in support of a $367,500 loan application.
Mortgage applications near 8-year low, although rates slip (USA Today)
Applications for home mortgages declined last week, with loans for purchases of single-family homes falling to their lowest level in nearly eight years, an industry group said Wednesday.
Jumbo mortgage deadline looms (Bankrate.com via Yahoo! Finance)
Some mortgage borrowers are about to get squeezed by the shrinking of something called the jumbo conforming limit.
Arcadia applies for 37% water rate hike (La Crosse Tribune)
MADISON — Arcadia utility customers would pay 37 percent more for water if the Wisconsin Public Service Commission approves a rate application filed Monday.
Security Bank Corp. wants $66M from Treasury (BizJournals)
Macon, Ga.-based Security Bank Corp. is applying for as much as $66 million in U.S. Treasury stock investment, under the government's Capital Purchase Program designed to buttress bank balance sheets. (SBKC)
Mortgage broker sentenced to year's home confinement (News Transcript)
AFreehold mortgage broker was sentenced to 12 months of home confinement as part of a five-year term of probation on Nov. 13 for his guilty plea to a charge of bank fraud for submitting fraudulent documents in support of a $367,500 residential mortgage loan application, U.S. Attorney Christopher J. Christie announced.

 

 

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