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Uniform Underwriting and Transmittal Summary I. Borrower and Property Information Borrower Name Co-Borrower Name Property Address Property Type Project Classification 1 unit Freddie Mac 2- to 4-units

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What is 1008 form?

The 1008 form is a standardized form used for various reporting purposes, particularly in the context of mortgage applications and loan underwriting.

Who is required to file 1008 form?

Lenders and mortgage brokers are typically required to file the 1008 form when submitting a loan application for underwriting.

How to fill out 1008 form?

To fill out the 1008 form, applicants must provide detailed information about the borrower, loan amount, property details, and other relevant financial information, ensuring accuracy and completeness.

What is the purpose of 1008 form?

The purpose of the 1008 form is to provide lenders with a comprehensive assessment of the loan application, enabling them to make informed underwriting decisions.

What information must be reported on 1008 form?

The 1008 form requires reporting information such as borrower demographics, employment details, income, debts, loan terms, and property information.

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