What is the purpose of the Application page?
The purpose of the Application page is to gather borrower/cosigner-related information to complete the Universal Residential Loan Application or Credit Application(URLA) or Residential Credit Application (UCA-RE).
The Application page is available on a new, copied, and existing loans and includes the following sections:
- Parties
- Liabilities
- Present Housing Expenses
- Proposed Housing Expenses
- Assets, Purchase Credits, Gifts and Grants
- Loan Details
- Property
- Declarations
- Qualifying the Borrower
- Home Ownership Counseling (visible for DU/LPA licensed users)