The Uniform Residential Loan Application (URLA) has been “under construction” for quite some time and after much anticipation, it’s finally here!
The new Uniform Residential Loan Application (URLA), features a redesigned format with significant enhancements. Its use is mandated 3/1/2021, but some of you may be using it sooner. Join us as we walk through this new URLA and highlight how it benefits you.
- Implementation timeline
- Benefits to borrowers and lenders using the new URLA
- Specific sections of new the URLA and additional components
- Key reminders for successful implementation