Get 1003 Form

The 1003 Form, also known as the Uniform Residential Loan Application, is an essential document used in the mortgage application process. This guide provides a comprehensive step-by-step approach to help users complete the form online effectively.

Follow the steps to fill out the 1003 Form online.

1. Click ‘Get Form’ button to access the application form and open it in your preferred online editor.
2. Begin with Section I, where you will indicate the type of mortgage and terms of the loan. Fill out options such as VA, FHA, Conventional, or USDA/Rural Housing Service loan types and specify the loan amount, interest rate, and amortization type.
3. Proceed to Section II to provide property information and the purpose of the loan. Enter the subject property address, number of units, year built, and select whether the purpose is for purchase, refinance, or construction.
4. In Section III, fill out the borrower information. Include names, social security numbers, marital status, home phone numbers, and current addresses for both the borrower and co-borrower.
5. Next, in Section IV, document employment information for both borrowers. Specify employer names and addresses, job titles, and years employed in the current job and line of work.
6. Move on to Section V to report monthly income and housing expenses. Record combined monthly incomes, current housing payments, and any other relevant financial details.
7. In Section VI, break down your assets and liabilities. This involves listing banks, account numbers, property values, and monthly payments for outstanding debts.
8. Continue with Section VII, detailing any transactions related to the loan. Answer questions regarding past bankruptcies, foreclosures, or legal judgments.
9. Section VIII is where you will make several declarations regarding financial obligations, citizenship status, and property intentions.
10. Finally, review the acknowledgment and agreement in Section IX and ensure all information is accurate. Sign and date the form where indicated.
11. Once completed, you can save changes, download the document, print a copy, or share the form as necessary.

Complete your 1003 Form online today for a seamless mortgage application experience.