Applicant Details
Legal name, date of birth, SSN/ITIN, current and previous addresses, contact information, and government ID details for identity verification.
A well-designed Loan Application Questionnaire reduces errors, accelerates underwriting, and creates an auditable record of applicant representations and consents for compliance purposes.
Different teams access and retain portions of the questionnaire for credit evaluation, legal compliance, and recordkeeping; access controls should reflect those roles.
Legal name, date of birth, SSN/ITIN, current and previous addresses, contact information, and government ID details for identity verification.
Employer name, job title, hire date, gross and net income, additional income sources, and documentation types (pay stubs, tax returns).
Bank accounts, retirement accounts, investments, real property, and account numbers or institution names required for asset verification.
Outstanding loans, credit cards, alimony/child support, judgments, and monthly payment amounts used to calculate debt-to-income ratios.
Requested loan amount, purpose, desired term and amortization, collateral description where applicable, and intended use of funds.
Consent for credit checks, electronic disclosures, tax transcript requests, and attestation statements required by lender policies and regulations.
Ensure the platform you use supports secure uploads, audit trails, and required file formats before submitting electronic questionnaires.
Provide W-9 upon payer request; no fixed federal deadline.
Send recipient and IRS copies by January 31 each year.
File Form 1040 by April 15 or extended date with Form 4868.
Retain I-9 per DHS rules: three years after hire or one year after termination, whichever is later.
Lenders commonly set 3–10 business days for initial review.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Varies | Varies | Varies | Varies |
| Bulk Send | Yes | Yes | Yes | Yes | Varies |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
Optica streamlined intake with a standardized questionnaire and digitized uploads
Martin Properties used digital questionnaires for rental financing