What is the Fannie Mae form number for the Uniform Residential Loan Application?

The Uniform Residential Loan Application is a standardized form used in the mortgage lending process to collect necessary information from borrowers. The Fannie Mae form number for this application is 1003. This form is crucial as it provides lenders with comprehensive details regarding the borrower's financial history, employment status, and properties involved in the mortgage transaction, allowing for a consistent and streamlined approach to assessing loan eligibility.

Option 1001 is not associated with the Uniform Residential Loan Application, and there may be confusion as it could refer to another type of document. Similarly, option 1002 is also incorrect because it is not the number assigned to this particular application form. Option 1004 corresponds to the appraiser's report rather than the borrower’s application. Hence, the choice of 1003 as the Fannie Mae form number is entirely appropriate as it specifically designates the form utilized for submitting residential loan applications. Understanding this number is essential for mortgage professionals in ensuring they are utilizing the correct documentation in their processes.