URLA Quick Guide

Uniform Residential Loan Application


Field Name/Section on URLA	Collected on the Application Page [Section/Area] Field Name
1a. Personal Information
Name	[Party Details page] First/Middle/Last/Suffix or Business Name
Alternate Names	[Party Details page] Alias First/Middle/Last/Suffix Name
Social Security Number	[Party Details page] SSN or EIN
Date of Birth	[Party Details page] Date of Birth
Citizenship	[Party Details page] Citizenship
Type of Credit	Determined by the system Note: If there is 1 borrower/cosigner on the transaction, then individual credit will be selected on the document. If there are 2 borrowers/cosigners applying for the loan, then joint credit will be selected.
Total Number of Borrowers	Determined by the system based on the quantity of borrowers/cosigners on the transaction.
Marital Status	[Party Details page] Marital Status
Dependents	[Party Details page] Number of Dependents, Age(s) of Dependents Note: If you want to enter the ages of two or more dependents, separate the ages with a comma.
Contact Information	[Party Details page] Contacts
Current Address	[Party Details page] Physical Address Note: The document requires a Country for a foreign address. ComplianceOne does not support foreign addresses and does not include a field to enter that information in the Physical Address area. Select Living Rent Free in the Own or Rent field to select the No primary housing expense check box on the document. The Rent Amount will print on the document from the Rent field in the Present Housing Expenses section.
Mailing Address	[Party Details page] Mailing Address Note: The mailing address should be provided if it differs from the physical address. The document requires a Country for a foreign address. ComplianceOne does not support foreign addresses and does not include a field to enter that information in the Physical Address area.
Former Address	[Party Details page] Previous Addresses Note: The previous address will print on the document if the borrower/cosigner lives at the current address less than 2 years. The document requires a Country for a foreign address. ComplianceOne does not support foreign addresses and does not include a field to enter that information in the Physical Address area. Select Living Rent Free in the Own or Rent field to select the No primary housing expense check box on the document. The Rent Amount is entered in the Monthly Rent field in the Previous Address area. The Monthly Rent field will be visible if the Own or Rent field is set to ‘Rent’.
*1b/c Current Employment/Self-Employment and Income*
Employer or Business Name	[Party Details page] Employer Name
Phone	[Party Details page] Employer’s Phone Number
Address	[Party Details page] Employer’s Address
Position or Title	[Party Details page] Job Title, Occupation
Start Date	[Party Details page] Start Date
How long in this line of work?	[Party Details page] Years & Months in this Profession
I am employed by a family member, property seller, real estate agent, or other party to the transaction.	[Party Details page] Is the Party employed by a family member, property seller, real estate agent, or other party to the transaction?
Gross Monthly Income	The Calculated value is a sum of Base, Overtime, Bonus, Commission, Military Entitlements, and Other entered on the Party Details page.
Check if you are the Business Owner or Self-Employed	[Party Details page] Is the Party the Business Owner or Self Employed?
Ownership Share	Party Details page, Ownership Share
Monthly Income (or Loss)	The Calculated value is a sum of Base, Overtime, Bonus, Commission, Military Entitlements, and Other entered on the Party Details page. Note: The system will sum Base, Overtime, Bonus, Commission, Military Entitlements, and Other if provided and will print the result to the document. The Monthly Income (or Loss) field will print only for self-employed borrower/cosigner only.
*1d. Previous Employment/Self Employment and Income*
Employer or Business Name	[Party Details page] Employer Name
Address	[Party Details page] Employer’s Address
Position or Title	[Party Details page] Job Title, Occupation
Start Date	[Party Details page] Start Date
End Date	[Party Details page] End Date
Check if you are the Business Owner or Self-Employed	[Party Details page] Is the Party the Business Owner or Self Employed?
Previous Gross Monthly	[Party Details page] Base Income Note: Only Base Income is printed in the Previous Gross Monthly field for previous employment.
1e. Income from Other Sources
Income Source	[Party Details page] Other Income Source
Monthly Income	[Party Details page] Other Income Amount
*2a. Assets-Bank Accounts, Retirement, and Other Accounts You Have*
Account Type	[Assets] Type Note: Gift Of Cash, Grant and Gift Of Property Equity will print to section 4d.
Financial Institution	[Assets] Financial Institution
Account Number	[Assets] Account Number
Cash or Market Value	[Assets] Amount
*2b. Other Assets and Credits You Have*
Asset or Credit Type	[Assets] Type
Cash or Market Value	[Assets] Amount
*2c. Liabilities-Credit Cards, Other Debts, and Leases that You Owe*
Account Type	[Liabilities] Type
Company Name	[Liabilities] Creditor
Account Number	[Liabilities] Account Number
Unpaid Balance	[Liabilities] Outstanding Balance
To be paid off at or before Closing	[Liabilities] Paid off at or before closing
Monthly Payment	[Liabilities] Payment Amount
*2d. Other Liabilities and Expenses*
Liability or Expense Type	[Liabilities] Type
Monthly Payment	[Liabilities] Payment Amount
*3a/b. Property You Own*
Address	[Property/Real Estate Owned pop-up] Property Street Address, Unit#, City, State, Postal Code, Country
Property Value	[Property/Real Estate Owned pop-up] Property Value
Status	[Property/Real Estate Owned pop-up] Status
Intended Occupancy	[Property/Real Estate Owned pop-up] Occupancy or Intended Occupancy Note: If Type of Mortgage is Fannie Mae/Freddie Mac and the Status field is set to Other or Rental, then a separate field Intended Occupancy is available within the Real Estate Owned pop-up. The selected option in the Intended Occupancy field will print to section 3 of the document. For the rest of the loan types the value selected in the Occupancy field within the Real Estate Owned pop-up will print to the correspondent field of section 3 if applies.
Monthly Insurance, Taxes, Association Dues, etc.	[Property/Real Estate Owned pop-up] Monthly Insurance, Taxes, Association Dues, etc. (If not included in Monthly Mortgage Payment)
Monthly Rental Income	[Property/Real Estate Owned pop-up] Gross Monthly Rental Income
For LENDER to calculate: Net Monthly Rental Income	[Property/Real Estate Owned pop-up] Net Monthly Rental Income
*Mortgage Loans on this Property*	The Mortgage Loans on this Property table will print if there is a liability (Mortgage and/or HELOC) associated with the Real Estate Owned.
Creditor Name	[HELOC/Mortgage Liability] Creditor
Account Number	[HELOC/Mortgage Liability] Account Number
Monthly Mortgage Payment	[HELOC/Mortgage Liability] Payment Amount
Unpaid Balance	[HELOC/Mortgage Liability] Outstanding Balance
To be paid off at or before closing	[HELOC/Mortgage Liability] Paid off at or before closing
Type: FHA, VA, Conventional, USDA-RD, Other	[HELOC/Mortgage Liability] Origination Type
Credit Limit (if applicable)	[HELOC Liability] Credit limit
*4a. Loan and Property Information*
Loan Amount	[Loan Details] Amount Requested
Loan Purpose	Note: Purchase will be selected for non-construction transactions when Purchase Money is selected in the Collateral Details dialog box. Refinance will be selected for refinance transactions. Other will be selected for construction transactions if a value is entered in the Loan Purpose Description field in the Loan Details section.
Loan Purpose Description	Note: Construction will be automatically populated for the construction only transactions. Construction-Permanent will be automatically populated for construction and permanent transactions. For the rest of the transactions, the value entered in the Loan Purpose Description field in the Loan Details section will print to the document if applicable.
Property Address	[Property, Collateral pop-up] Address block
Number of Units	[Property, Collateral pop-up] Number of Units
Property Value	[Property, Collateral pop-up] Sale Price or Appraisal/Estimated Market Value
FHA Secondary Residence	The check box will be selected automatically if the Type of Mortgage is set to FHA in the Loan Details section and the Occupancy is set to Secondary Residence in the Collateral dialog box.
Occupancy	[Property, Collateral pop-up] Occupancy
Mixed-Use Property	[Property, Collateral pop-up] Property is to be used for Mixed-Use.
Manufactured Home	[Property, Collateral dialog box] Construction Method Note: Selecting the ‘1 = Site build (modular or prefabrication)’ option in the Construction Method field will select ‘No’ for the Manufactured Home question on the document. Selecting the ‘2 = Manufactured home’ option will select ‘Yes’ for the same question.
*4b. Other New Mortgage Loans on the Property You are Buying or Refinancing*
General	This section will print for a Mortgage and/or HELOC liability if Is a Simultaneous Loan against the Subject Property is selected on the Liability dialog box.
Creditor Name	[HELOC/Mortgage Liability] Creditor
Lien Type	[HELOC/Mortgage Liability] Lien Position
Monthly Payment	[HELOC/Mortgage Liability] Payment Amount
Loan Amount/ Amount to be Drawn	[HELOC/Mortgage Liability] Outstanding Balance
Credit Limit (if applicable)	[HELOC Liability] Credit limit
*4c. Rental Income on the Property You Want to Purchase*
General	This section will print for non-construction transaction where real estate collateral has Purchase Money selected. In addition, Expected Monthly Rental Income and Expected Net Monthly Rental Income should be completed on the Property ddialog box.
Expected Monthly Rental Income	[Property, Collateral pop-up], Gross Monthly Rental Income
Expected Net Monthly Rental Income	[Property, Collateral pop-up], Net Monthly Rental Income
*4d. Gifts or Grants You Have Been Given or Will Receive for This Loan*
General	This section will print if there is at least one of the following asset types is added to the Assets section: Gift Of Cash, Grant, or Gift Of Property Equity.
Asset Type: Cash Gift, Gift of Equity, Grant	[Gift Of Cash/Grant/Gift Of Property Equity Asset] Type
Deposited/Not Deposited	[Gift Of Cash/Grant Asset], Already included in the value of another asset
Source	[Gift Of Cash/Grant/Gift Of Property Equity Asset] Gifts or Grants Source Type
Cash or Market Value	[Gift Of Cash/Grant/Gift Of Property Equity Asset] Amount
5a. About this Property and Your Money for this Loan/5b. About Your Finances
General	All the questions can be answered within the Declarations section.
*7. Military Service of Borrower*
Did you (or your deceased spouse) ever serve, or are you currently serving, in the United States Armed Forces?	[Party Details page] Veteran Status Any option selected (except for Non-Veteran and Not Disclosed) in the Veteran Status field will select ‘Yes’ for the Military Service question.
Currently serving on active duty with projected expiration date of ________ service/tour	[Party Details page] Veteran Status and Projected End Date Note: Select the Active Duty option in the Veteran Status field to select this check box. After this option is selected, the Projected End Date field displays for data entry.
Currently retired, discharged, or separated from service	[Party Details page] Currently retired, discharged, or separated from service.
Only period of service was as a non-activated member of the Reserve or National Guard	[Party Details page] Only period of service was as a non-activated member of the Reserve or National Guard.
Surviving spouse	[Party Details page] Deceased spouse served in the United States Armed Forces.
*8. Demographic Information of Borrower*
General	[Parties grid] Demographics link.
*9. Loan Originator Information*
General	This section will print the information about the Organization and Loan Officer. Both can be selected in the Loan Details section.
*Unmarried Addendum*
General	The section will print if the Unmarried option is selected in the Marital Status field on the Party Details page.
Is there a person who is not your legal spouse but who currently has real property rights similar to those of a legal spouse?	[Party Details page] Relationship Type Note: Any option selected (except for Blank) in the Relationship Type field will select Yes for the question about the real property rights of the person who is not a legal spouse.
Civil Union/ Domestic Partnership/ Registered Reciprocal Beneficiary Relationship/Other	[Party Details page] Relationship Type
State	[Party Details page] State

Uniform Residential Loan Application – Lender Loan Information


Field Name/Section on LLI	Collected In Application Page [Section/Area] Field
*L1. Property and Loan Information*
At least one borrower lives in a community property state	[Party Details page, Physical Address] The borrower lives in a community property state or the the cosigner lives in a community property state.
The property is in a community property state	[Property, Collateral pop-up] Property is in a community property state.
Conversion of Contract for Deed or Land Contract	[Loan Details] Conversion of Contract for Deed or Land Contract Note: Select Conversion of Contract for Deed or Land Contract when the mortgage loan proceeds will be used to pay off the balance due on a contract for deed or land contract when the loan is a purchase or refinance transaction.
Renovation	[Loan Details] Renovation Note: Select Renovation when the mortgage loan proceeds will be used to finance the cost of renovations to the property, and the value assigned to the renovations is included in the appraised value.
Construction-Conversion/Construction-to-Permanent	The check box will be selected automatically if it is a construction and permanent loan.
Single-Closing/Two-Closing	[Loan Details] Single Closing/Two Closing
Construction/Improvement Costs	[Property, Collateral pop-up] Construction Costs This field will be available for a construction loan when Construction Property is selected on the Collateral dialog box.
Lot Acquired Date	[Property, Collateral pop-up] Lot Acquired Date Note: This field will be available for a construction loan when Construction Property is selected on the Collateral dialog box.
Original Cost of Lot	[Property, Collateral pop-up] Original Cost of Lot Note: This field will be available for a construction loan when Construction Property is selected on the Collateral dialog box.
Refinance Type	[Loan Details] Refinance Type Note: This field will be available if the Type of Loan is set to Refinance in the Loan Details section.
Refinance Program	[Loan Details] Refinance Program This field will be available if the Type of Mortgage is either Inhouse or FHA, and the Type of Loan is set to Refinance.
Mortgage loan will finance energy-related improvements	[Loan Details] Mortgage loan will finance energy-related improvements.
Property is currently subject to a lien that could take priority over the first mortgage lien, such as a clean energy lien paid for through property taxes (e.g., the Property Assessed Clean Energy Program)	[Loan Details] Property is currently subject to a lien that could take priority over the first mortgage lien. Note: Select the check box if there is an energy lien on the property the borrower(s) are repaying through property taxes (This option does not refer to standard real estate property taxes or homeowners’ association liens on the property).
Project Type	The Project Type will be determined by the system depending on the collateral type added in the Property section: Condominium will be selected on the document if the collateral type is condominium. Cooperative is not supported by the system. Planned Unit Development (PUD) will be selected on the document if the collateral type is Townhome (PUD). Property not located in a project can be selected on the Collateral dialog box in the Property section.
*L2. Title Information*
General	Each real estate collateral will get a separate L2. Title Information section is generated in Lender Loan Information.
Title to the Property Will be Held in What Name(s)	[Property, Title Information pop-up] Title Will Be Held in What Name(s)
Title to the Property is Currently Held in What Name(s)	[Property, Title Information pop-up] Title is Currently Held in What Name(s)
Estate Will be Held in	[Property, Title Information pop-up] Estate Will be Held in
Manner in Which Title Will be Held	[Property, Title Information pop-up] Describe How Title Will Be Held
Trust Information	[Property, Title Information pop-up] Trust Information
Indian Country Land Tenure	[Property, Title Information pop-up] Indian Country Land Tenure Note: There are three basic categories of land tenure in Indian Country – Fee Lands, Allotted Trust Lands, and Tribal Trust Lands. Select Fee Simple On a Reservation if the land is held by an owner, whether Indian or non-Indian, with no restrictions. Select Individual Trust Land (Allotted/Restricted) (also referred to as Allotted Trust Land) if the land is held in trust for the use of a tribe. The Federal government holds the title, and the individual (or heirs) holds the beneficial interest. Restricted fee land is land in which an individual Indian holds legal title, but with legal restrictions against alienation or encumbrance. Select Tribal Trust Land On a Reservation if the land is held in trust by the United States government for the use of a tribe. The United States holds the legal title and the tribe holds the beneficial interest. Tribal trust land is held communally by the tribe and is managed by the tribal government. Select Tribal Trust Land Off Reservation if the land was purchased by a tribe outside of its reservation boundaries and then converted to trust land through a regulated process with the Bureau of Indian Affairs. Select Alaska Native Corporation Land if the land is owned by an Indian tribe and was conveyed by the United States to a Native Corporation pursuant to the Alaska Native Claims Settlement Act (43 U.S.C. 1601 et seq.) or conveyed by the United States to a Native Corporation in exchange for such land. From: Fannie Mae/Freddie Mac Instructions for Completing the Uniform Residential Loan Application
*L3. Mortgage Loan Origination*
Mortgage Type Applied For	[Loan Details] Type of Mortgage Note: ComplianceOne does not produce the required documentation to support the USDA Rural Housing Program; lenders must produce the relevant documentation outside of the product. For Help information, select How do I add the USDA Guarantee and Annual Fees?
Amortization Type	The Amortization Type cannot be selected on the Application page. The corresponding fields are located on the Calculations page.
Loan Features	Loan Features are determined based on the transaction characteristics: Balloon indicates that a final balloon payment is required to fully pay off the loan. Balloon Term is the scheduled number of months in after which the loan will mature. Interest Only indicates the loan terms allow interest-only payments to be made for a specified time period. Interest Only Term is the number of months the loan remains interest only. Negative Amortization is not supported by the system. Applies to mortgage: Prepayment Penalty/Prepayment Penalty Term is not supported by the system. Temporary Interest Rate Buydown/Initial Buydown Rate is not supported by the system. Other (explain) can be entered within the document directly.
Terms of Loan	The Terms of Loan cannot be specified on the Application page. The corresponding fields are located on the Calculations page.
Mortgage Lien Type	The Mortgage Lien Type cannot be specified on the Application page. The corresponding field is located on the Collateral Details page.
Proposed Monthly Payment for Property	Proposed Housing Expenses section Note: The estimated values for Proposed Housing Expenses can be entered in the correspondent section on the Application page. The actual values for Proposed Housing Expenses will be calculated automatically by the system when Override values on the Application page is cleared. For Help information, select: What information is gathered in Proposed Housing Expenses section within the Application page? How can I return to the system calculated proposed housing expenses? Do I need to manually keep the values up to date in the Proposed Housing Expenses section on the Application page?
*L4. Qualifying the Borrower – Minimum Required Funds or Cash Back*
General	Lender Loan Information – Qualifying Borrower section The estimated values for the section can be entered in the correspondent section of the Application page. The actual values for the section will be calculated automatically by the system when Override is cleared on the Lender Loan Information – Qualifying Borrower dialog box. For Help please refer to: How can I add the estimated values for Qualifying Borrower section in Lender Loan Information? How can I return to the system calculated values for Lender Loan Information - Qualifying Borrower section?
*Below are the details on the system calculated values:*
A. Sales Contract Price	Taken from the Sales Price / Estimated Property Value field entered on the Collateral dialog box in the Property section.
D. For Refinance: Balance of Mortgage Loans on the Property to be paid off in the Transaction	Calculated value is a sum of HELOC and/or Mortgage liabilities when Payoff is selected in the Liabilities section.
E. Credit Cards and Other Debts Paid Off	Calculated value is a sum of all liabilities (except for HELOC and Mortgage) when Payoff is selected under the Liabilities section.
F. Borrower Closing Costs (including Prepaid and Initial Escrow Payments)	Calculated value is a sum of all fees (except for Loan Discount) paid at closing.
G. Discount Points	Calculated value for the Loan Discount fee.
I. Loan Amount	Calculated value is a sum of the Amount Requested entered by the user and any fee that has Add To Amount Requested selected for Collected As.
Applies to mortgage only: I. Financed Mortgage Insurance (or Mortgage Insurance Equivalent) Amount	Calculated value of the financed mortgage insurance that is supported on FHA and USDA loans.
J. Other New Mortgage Loans on the Property the Borrower(s) is Buying or Refinancing	Calculated value is a sum of values in the Loan Amount/Amount to be Drawn column under section 4b of the Uniform Residential Loan Application.
L. Seller Credits	Calculated value is a sum of the generalized and specific seller credits. Note: Application phase. A sum of all fees that are paid by seller and the value entered in the Generalized Seller Credits field in the Calculating Cash To Close section on the Calculations page. Closing Phase. A sum of all fees that are paid by seller and the amount value entered in the Closing Adjustments section of the Closing Disclosure page. To include the fees in total,select Seller Credit for the Closing Adjustment Type,and At Closing for When Paid.
M. Other Credits	Calculated value is a sum of specific lender credits, generalized lender credits, borrower paid fees paid outside closing, and purchase credits. Note: Specific lender credits include all fees that are paid by lender. Generalized lender credits include the lump sum value entered by the user in the Lender Credits section of the Calculations page and the Refund exceeded tolerance amount if applicable. Purchase Credits include the total amount of all purchase credits in the Assets, Purchase Credits, Gifts & Grants section of the Application page.