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)