Course length: Approximately 30 minutes
The Uniform Residential Loan Application form 1003 must be completed for every mortgage loan application. It is crucial to the process that it is filled out completely and correctly. The information gained at the time of application will set that stage for loan approval by supplying critical borrower information, indicating what additional documentation will be necessary from the borrower, and help to highlight any red flags which may need to be addressed.
Course objectives include:
• Identify information requested in each section of the mortgage application
• Recognize need for supporting documentation
More detailed course information is available at: http://elliemae.com/education/courses/completing-the-1003-form
Last Updated 05/2017.
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