Uniform Residential Loan Application

Uniform Residential Loan Application,

Definition of Uniform Residential Loan Application:

  1. A standardized loan application form required by Fannie Mae/Freddie Mac for single family home loans that will be secured by these institutions. Information required to complete this loan application includes; monthly income and combined household expenses, a listing of assets and liabilities, details of the real estate transaction, and personal information used to determine eligibility. Also called Form 1003.

Meaning of Uniform Residential Loan Application & Uniform Residential Loan Application Definition