Tag: initial loan application

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. […]

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.

Scroll to Top