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Uniform Residential Loan Application  New Tripoli Bank  Newtripolibank

Uniform Residential Loan Application New Tripoli Bank Newtripolibank

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Instructions and help about Uniform Residential Loan Application New Tripoli Bank Newtripolibank

hi everyone Terrence brandley here and in this video I'm going to walk you through the standard loan application form also known as the uniform residential loan application which is a standardized form um created by Fanny May and used in every um Residential Mortgage transaction regardless of whether it's a uh refinance construction or purchase and uh this is an important uh application in that it kickstarts the entire uh loan process and it's important to um put accurate and detailed information on this because this is what lenders and and uh banks are going to be using to determine your ability to uh secure mortgage loan um based on this information so with that said we'll jump in uh the first section is the um type of Mortgage in terms of the loan and and if you're applying for a loan you may not know what type of loan product you're you're going to be applying for uh or the terms of those of the loans every loan is different a

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