URLA form 65-1003

Question 1

Section 1

Answer 1

Borrower Information. Collects your personal information, dependents, income and employment.

Question 2

Section 2

Answer 2

Financial Information – Assets and Liabilities. Financial assets, bank accounts, retirement accounts, personal
financial obligations, debts, credit cards, etc

Question 3

Section 3

Answer 3

Financial Information – Real Estate. Property you own, mortgage monthly pmt, insurance, taxes, intended occupancy of property

Question 4

Section 4

Answer 4

Loan and Property Information. Loan purpose and the property you are buying or refinancing. Mixed us property (business and residential), loan amount, expected rental income if any

Question 5

Section 5

Answer 5

Declarations. How the property will be financed, are you borrowing money for closing costs/down payment, foreclosure within 7 years, bankruptcy history.

Question 6

Section 6

Answer 6

Acknowledgments and Agreements. Informs you of your legal obligations related to the mortgage application and asks that you acknowledge certain information will be obtained, used, and shared.

Question 7

Section 7

Answer 7

Military Service. Collects information about your (or your deceased spouse’s) military service.

Question 8

Section 8

Answer 8

Demographic Information. Requests information the Lender is required by law to ask you. Ethnicity, Race, Sex.

Question 9

Section 9

Answer 9

Loan Originator Information. Provides you with information about the loan originator. Completed by MLO.