URLA 1003 Fillable
URLA 1003 Fillable
URLA 1003 Fillable
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 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 the income or assets of the Borrower's spouse or other person who has community property rights pursuant to 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 has community property rights pursuant to applicable
law and 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 V.A. Conventional Other (Explain): Agency Case Number Lender Case Number
Applied for:
FHA USDA/Rural
Housing Service S
Amount Interest Rate No. of Months Amortization Fixed Rate Other (explain):
Type:
$ % 3 GPM ARM (type):
$ $
Cost: $
Title will be held in what Name(s) Manner in which Title will be held Estate will be held in:
Fee Simple
Source of Down Payment, Settlement Charges and/or Subordinate Financing (explain) Leasehold (show
expiration date)
Social Security Number Home Phone (incl. area code) DOB (MM/DD/YYYY) Yrs. School Social Security Number Home Phone (incl. area code) DOB (MM/DD/YYYY) Yrs. School
Married Separated Dependents (not listed by Co-Borrower) Married Separated Dependents (not listed by Borrower)
no. ages no. ages
Unmarried (includes single, divorced, widowed) Unmarried (includes single, divorced, widowed)
Present Address (street, city, state, ZIP) Own Rent Present Address (street, city, state, ZIP) Own Rent
______________ No. Yrs. ______________ No. Yrs.
Mailing Address, if different from Present Address Mailing Address, if different from Present Address
If residing at present address for less than two years, complete the following:
Former Address (street, city, state, ZIP) Own Rent Former Address (street, city, state, ZIP) Own Rent
______________ No. Yrs. ______________ No. Yrs.
Position/Title/Type of Business Business Phone (incl. area code) Position/Title/Type of Business Business Phone (incl. area code)
If employed in current position for less than two years or if currently employed in more than one position, complete the following:
Name & Address of Employer Self Employed Dates (from - to) Name & Address of Employer Self Employed Dates (from - to)
Name & Address of Employer Self Employed Dates (from - to) Name & Address of Employer Self Employed Dates (from - to)
Borrower
Co-Borrower
Freddie Mac Form 65 7/05 (rev. 6/09), Fannie Mae Form 1003 7/05 (rev. 6/09) Page 1 of 4 www.bytesoftware.com 800-695-1008
V. MONTHLY INCOME AND COMBINED HOUSING EXPENSE INFORMATION
Gross Monthly Income Borrower Co-Borrower Total Combined Monthly Housing Expenses Present Proposed
Total $ $ $ Total $ $
* Self Employed Borrower(s) may be required to provide additional documentation such as tax returns and financial statements.
Describe Other Income Notice: Alimony, child support, or separate maintenance income need not be revealed if the Borrower (B)
B/C or Co-Borrower (C) does not choose to have it considered for repaying this loan.
Monthly Amount
$
Cash or Market Value Liabilities and Pledged Assets. List the creditor's name, address and account number for all outstanding debts, including
ASSETS automobile loans, revolving charge accounts, real estate loans, alimony, child support, stock pledges, etc. Use continuation
Description sheet, if necessary. Indicate by (*) those liabilities, which will be satisfied upon sale of real estate owned or upon refinancing
Cash deposit toward purchase held by: $ of the subject property.
Monthly Payment & Unpaid
LIABILITIES Months Left to Pay Balance
Name and address of Company $ Payment/Months $
Acct. No.
Acct. No.
Acct. No.
Acct. No.
Acct. No.
Acct. No.
Alimony/Child Support/Separate Maintenance Payments Owed $
to:
Other Assets (itemize) $
Job Related Expense (child care, union dues etc.) $
Borrower
Co-Borrower
Freddie Mac Form 65 7/05 (rev. 6/09), Fannie Mae Form 1003 7/05 (rev. 6/09) Page 2 of 4 www.bytesoftware.com 800-695-1008
VI. ASSETS AND LIABILITIES (cont.)
Schedule of Real Estate Owned (if additional properties are owned, use continuation sheet.)
Property Address (enter S if sold, PS if pending sale, or R if Type of Present Market Value Amount of Mortgages Gross Rental Mortgage Insurance, Net Rental Income
rental being held for income) Property & Liens Income Payments Maintenance,
Taxes & Misc.
$ $ $ $ $ $
$ $ $ $ $ $
$ $ $ $ $ $
Totals $ $ $ $ $ $
List any additional names under which credit has previously been received and indicate appropriate creditor name(s) and account number(s):
Alternate Name Creditor Name Account Number
c. Land (if acquired separately) a. Are there any outstanding judgments against you?
d. Refinance (incl. debts to be paid off) b. Have you been declared bankrupt within the past 7 years?
c. Have you had property foreclosed upon or given title or deed in
e. Estimated prepaid items 0 lieu thereof in the last 7 years?
f. Estimated closing costs 0 d. Are you a party to a lawsuit?
g. PMI, MIP, Funding Fee e. Have you directly or indirectly been obligated on any loan which resulted in foreclosure, transfer of
title in lieu of foreclosure, or judgment? (This would include such loans as home mortgage loans,
h. Discount (if Borrower will pay) 0 SBA loans, home improvement loans, educational loans, manufactured (mobile) home loans, any
mortgage, financial obligation, bond, or loan guarantee. If "Yes," provide details, including date,
i. Total costs (add items a through h)
0 name and address of Lender, FHA or VA case number, if any, and reasons for the action.)
j. Subordinate financing
k. Borrower's closing costs paid by Seller f. Are you presently delinquent or in default on any Federal debt or
any other loan, mortgage, financial obligation, bond, or loan
l. Other Credits (explain) guarantee? If "Yes," give details as described in the preceding
Application Deposit question.
Earnest Money g. Are you obligated to pay alimony, child support, or separate
maintenance?
h. Is any part of the down payment borrowed?
i. Are you a co-maker or endorser on a note?
j. Are you a U.S. citizen?
k. Are you a permanent resident alien?
l.Do you intend to occupy the property as your primary
m. Loan amount (exclude PMI, MIP, Funding Fee residence? If "Yes," complete question m below.
financed) m. Have you had an ownership interest in a property in the last three
years?
n. PMI,MIP, Funding Fee financed
(1) What type of property did you own - - principal residence
o. Loan amount (add m & n) (PR), second home (SH), or investment property (IP)?
(2) How did you hold title to the home - - solely by yourself (S),
p. Cash from/ to Borrower (subtract j, k, l & o from i) jointly with your spouse (SP), or jointly with another person
(O)?
X X
In a telephone interview By the applicant and submitted via e-mail or the Internet
I/We fully understand that it is a Federal crime punishable by fine or imprisonment, or both, to knowingly make any false statements concerning any of the above facts as applicable under the provisions of Title
18, United States Code, Section 1001, et seq.
X X
Freddie Mac Form 65 7/05 (rev. 6/09), Fannie Mae Form 1003 7/05 (rev. 6/09) Page 4 of 4 www.bytesoftware.com 800-695-1008