Upa 1003 form-2025

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  1. Click ‘Get Form’ to open the UPA-1003 form in the editor.
  2. Begin by entering the Limited Liability Partnership Name in the designated field. Ensure that it matches your official registration.
  3. Input your Federal Employer Identification Number (FEIN) accurately to avoid any processing delays.
  4. Provide the Effective Date of Initial Qualification, which is crucial for maintaining compliance.
  5. Fill in the Address of Chief Executive Office, ensuring it is a physical address (P.O. Box alone is not acceptable).
  6. List your Illinois Registered Agent and their office address, again avoiding P.O. Boxes.
  7. Indicate the Total Number of Partners and calculate the Fee Per Partner, ensuring you meet the minimum requirements.
  8. Write a brief statement describing your business activities to provide context for your partnership.
  9. Finally, declare under penalties of perjury by signing and dating the form before submission.

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The Lender must obtain a completed URLA (Fannie Mae Form 1003/Freddie Mac Form 65) and form HUD-92900-TI from the Borrower in order to begin the origination process.
Lenders use the Uniform Residential Loan Application or Form 1003 to evaluate and determine your creditworthiness when applying for a home loan. This form is designed to help lenders make more informed decisions when extending mortgages to borrowers.
Section 4a: Loan and property This subsection asks questions about your loan and property, including: Loan amount. Loan purpose (purchase or refinance)
Fannie Mae and Freddie Mac are large companies that guarantee most of the mortgages made in the U.S. Together, they are also known as the government sponsored enterprises (GSEs).