Uniform Residential Loan Application (URLA)

Will each borrower be signing their own application?

All borrowers will receive their own application, and the lender will be able to control which version the co-borrowers on the application receive. For any co-borrower on a borrower pair, the Lender has the option to indicate “Use Additional Borrower (Joint) Format” to provide the co-borrower with their own application, but a reference back to the borrower’s application for joint assets and liabilities. By default all borrowers will receive their own application with a full listing of their individual and joint assets and liabilities.