How many instances of the Uniform Residential Loan Application can I get on a transaction?
Generally, the revised URLA consists of two documents: Uniform Residential Loan Application and
Lender Loan Information. Each party individually applying for credit or each party
of two parties applying for a joint credit will receive an instance of the Uniform
Residential Loan Application. However, only one instance of the Lender Loan
Information will be generated per transaction.
Note:
If two parties are applying
for joint credit, the co-borrower name should be selected in the
Co-Applicant drop-down list in the Parties section.