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Mail To: 1. Social Security No. 2. Date of Injury/Illness 3. Part(s) of Body Injured 4. Date of This Request 5. Date of Hire 6. Date of Birth — LOCAL DISTRICT OFFICE OR OFFICE OF WORKERS' COMPENSATION
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What is form 1008?
Form 1008 is a Uniform Underwriting and Transmittal Summary used by lenders to provide information about the mortgage loan application, including details on the borrower, property, and underwriting decision.
Who is required to file form 1008?
Lenders and mortgage professionals are required to file Form 1008 when submitting a loan application for underwriting to ensure compliance with government regulations.
How to fill out form 1008?
To fill out Form 1008, lenders need to provide accurate information about the borrower, property details, loan terms, and the underwriting decision. Clear instructions are included on the form itself for guidance.
What is the purpose of form 1008?
The purpose of Form 1008 is to standardize the information provided in mortgage loan applications and facilitate the underwriting process by summarizing key details of the loan.
What information must be reported on form 1008?
Form 1008 must report information including the borrower's credit history, debt-to-income ratio, property value, loan amount, and any other underwriting considerations relevant to the mortgage application.
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