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what is the 1003

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Icon Mini Profile Barbpt46





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Post Posted: Thu Jun 11, 2009 6:52 pm    Post subject: what is the 1003
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What is the 1003.
Icon Mini Profile eric1
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Post Posted: Thu Jun 11, 2009 7:19 pm    Post subject:
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The 1003 is the mortgage application itself.
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Icon Mini Profile gmakerley
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Post Posted: Fri Jun 12, 2009 7:44 am    Post subject:
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which reminds me of the first time i heard about a "1008." i had no idea what the person was referring to. i grew up in this business using terms like "loan application" and "transmittal" and it came as a shock to me that i suddenly had to begin using numbers to identify documents. then, later on, a truth in lending disclosure became a "til" and i was in a new kind of shock.

i suppose this is, after all, quite a shocking business to be in.

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Icon Mini Profile brian3
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Post Posted: Fri Jun 12, 2009 8:16 am    Post subject:
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1003 = Uniform Residential Loan Application
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Post Posted: Fri Jun 12, 2009 11:42 am    Post subject:
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can anyone explain 1003????????/
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Post Posted: Fri Jun 12, 2009 11:43 am    Post subject:
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what is this application for?
Icon Mini Profile sunil87020





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Post Posted: Fri Jun 12, 2009 11:45 am    Post subject:
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exactly where this application is used?
Icon Mini Profile gmakerley
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Post Posted: Fri Jun 12, 2009 12:08 pm    Post subject:
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guest number 1:
guest number 2:
sunil:

please take note of the answer that eric provided to the original question.

an application is used to apply for something; in this case, it's to apply for a loan that a person wishes to obtain.

i hope that's clear.

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Icon Mini Profile sunil87020





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Post Posted: Fri Jun 12, 2009 12:43 pm    Post subject:
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Thanks
Icon Mini Profile eric1
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Post Posted: Fri Jun 12, 2009 7:44 pm    Post subject:
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George,

I hope we are not speaking to the future leaders of this country.

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Eric JFree Rate Quote, Stated Income Loans
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Icon Mini Profile gmakerley
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Post Posted: Mon Jun 15, 2009 7:12 am    Post subject:
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beware the audience - sometimes it bites back
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George M. Akerley
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