It is a hybrid version of Borrower origination form with newly included URLA 2020 fields and other required fields.
A loan officer or loan originator obtains and fills out the borrower’s basic data and information relating to income and the property that the loan is intended to cover in this form.
It is a one stop form which contains borrower information, borrower current & previous address, Borrower’s credit information, Identify verification, Co borrower’s information etc.
Instead of using multiple forms, we have built a hybrid origination form where all the information related to the borrowers can be found.
