Tag: borrower signature

Compliance – Borrower Signature on Loan Application – Is the borrower required to sign the initial loan application or other disclosures in the initial loan application package?

Answer:  There is no specific federal regulation that requires the initial 1003 to be signed, but there may be state-specific requirements that Mortgage Currentcy does not monitor.  There also may be specific lender requirements from different wholesale or correspondent lenders; you should check with each of them on what their own specific requirements may be. […]

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