2.6 Flashcards

(3 cards)

0
Q

Everyone who applies for a mortgage using the Fannie Mae Form 1003 must have the help of a _________.

A

Loan originator

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
1
Q

The Uniform Residential Loan Application is also known as Fannie Mae Form 1003 - or simply the _______ and is the industry standard mortgage application.

A

“Ten-o-three”

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

The loan application form shows income, expenses, ______, and a description of the home they plan to buy.

A

assets

How well did you know this?
1
Not at all
2
3
4
5
Perfectly