How does Select your credit application impact the Application page?

Selecting URLA for the Select your credit application option adds fields to the Application page that are needed for the Uniform Residential Loan Application, Lender Loan Information, and the updated Automated Underwriting System.

Selecting UCA-RE for the Select your credit application options will hide the fields on the Application page that are not needed for the Credit Application Real Estate.


Section within Application page	Type or Field Name
Liabilities	Other Expense Mortgage/HELOC - Is a Simultaneous Loan against the Subject Property Mortgage/HELOC - Origination Type Mortgage/HELOC - Lien Position HELOC - Credit limit
Present/Proposed Housing Expenses	Supplemental Property Insurance
Assets, Purchase Credits, Gifts & Grants	Gift Of Cash/Grant/Gift Of Property Equity - Gifts or Grants Source Type Other - Other Asset is a Liquid Asset All purchase credits - Funded By
Loan Details	Construction Type – Single-/Two-Closing Conversion of Contract for Deed or Land Contract Renovation Mortgage loan will finance energy related improvements Refinance Program Refinance Program Description
Collateral	Address - Unit Property is to be used for Mixed-Use Property is in a community property state Property is not located in a project Property is currently subject to a lien that could take priority over the first mortgage lien Gross Monthly Rental Income Net Monthly Rental Income
Real Estate Owned	Address - Unit Occupancy Number of Units Property is Subject Property
Declarations	C.1 If YES, what is the amount of this money? D.1.Have you or will you be applying for a mortgage loan on another property (not the property securing this loan) on or before closing of this transaction that is not disclosed on this loan application? D.2.Have you or will you be applying for any new credit (e.g., installment loan, credit card, etc.) on or before closing of this loan that is not disclosed on this application? E.Will this property be subject to a lien that could take priority over the first mortgage lien, such as a clean energy lien paid through your property taxes (e.g., the Property Assessed Clean Energy Program)? J. Have you conveyed title to any property in lieu of foreclosure in the past 7 years? K.Within the past 7 years, have you completed a pre-foreclosure sale or short sale, whereby the property was sold to a third party and the Lender agreed to accept less than the outstanding mortgage balance due?
Home Ownership Counseling	All the fields within the section
Qualifying the Borrower	All the fields within the section