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To be completed by the Lender: Lender Loan No./Universal Loan IdentifierAgency Case No. Uniform Residential Loan Application Additional Borrower Verify and complete the information on this application
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Begin by entering the personal details of the borrower, such as name, address, contact information, etc.
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Provide the required financial information, including income details, employment status, credit history, etc.
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Each borrower intends to submit a report detailing their intentions for the borrowed funds.
Each borrower who has been approved for a loan is required to file intentions for the borrowed funds.
Each borrower can fill out the intentions report online through the lender's portal or by submitting a physical form.
The purpose of each borrower intends to report is to ensure that funds are being used for approved purposes and align with the loan agreement.
Each borrower must report details on how the funds will be used, timeline for usage, and any potential risks or challenges.
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