Compare Mortgage Quotes

Barbpt46 · Joined: 11 Jun 2009 Posts: 2 2.11 Dollars($)

What is the 1003.

eric1 · Posted: Thu Jun 11, 2009 7:19 pm Post subject:

The 1003 is the mortgage application itself.

gmakerley · Posted: Fri Jun 12, 2009 7:44 am Post subject:

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.

brian3 · Joined: 09 Jun 2009 Posts: 80 21.31 Dollars($)

1003 = Uniform Residential Loan Application

Posted: Fri Jun 12, 2009 11:42 am Post subject:

can anyone explain 1003????????/

Posted: Fri Jun 12, 2009 11:43 am Post subject:

what is this application for?

sunil87020 · Joined: 04 May 2009 Posts: 339 26.96 Dollars($)

exactly where this application is used?

gmakerley · Posted: Fri Jun 12, 2009 12:08 pm Post subject:

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.

sunil87020 · Joined: 04 May 2009 Posts: 339 26.96 Dollars($)

Thanks

eric1 · Posted: Fri Jun 12, 2009 7:44 pm Post subject:

George,

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

gmakerley · Posted: Mon Jun 15, 2009 7:12 am Post subject:

beware the audience - sometimes it bites back

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours

Page 1 of 1

Compare Mortgage Quotes

what is the 1003