The New URLA: What’s Different?
You will walk through the changes to the URLA by section for a step-by-step explanation of the updates, providing you the information needed to help your customers provide all the necessary information to submit an accurate and complete application.
What will I learn?
After completing this course, you will be able to explain what’s new with the Uniform Residential Loan Application (URLA).
Module 1: What’s New
- Form
- Why and Benefits
- When
- Comparison
- Header
- Borrower Information
- Personal Information
- Employment and Income
- Assets
- Liabilities
- Real Estate
- Loan and Property Information
- Declarations
- Acknowledgements
- Additional Borrower form
- Continuation Sheet
- Loan Lender Information
Course Length:
Approximately 15 min