What does a 1008 form look like 2008-2025

Get Form
what is a 1008 in mortgage Preview on Page 1

Here's how it works

01. Edit your what is a 1008 in mortgage online
Type text, add images, blackout confidential details, add comments, highlights and more.
02. Sign it in a few clicks
Draw your signature, type it, upload its image, or use your mobile device as a signature pad.
03. Share your form with others
Send 1008 via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out what does a 1008 form look like 2008 with our platform

Form edit decoration
9.5
Ease of Setup
DocHub User Ratings on G2
9.0
Ease of Use
DocHub User Ratings on G2
  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering the Borrower and Property Information. Fill in the Borrower Name, Occupancy Status, Sales Price, and Appraised Value. Ensure you select the appropriate property type and project classification.
  3. Next, move to the Mortgage Information section. Specify the Loan Type, Amortization Type, Loan Purpose, and Lien Position. Input the Loan Amount and Note Rate accurately.
  4. Proceed to Underwriting Information. Enter details for each borrower’s Stable Monthly Income and Proposed Monthly Payment for the Property. Calculate Loan-to-Value ratios as required.
  5. Finally, complete the Seller and Contact Information section by providing Seller Name, Contact Name, Phone Number, and addresses as needed.

Start using our platform today to fill out your forms online for free!

See more what does a 1008 form look like 2008 versions

We've got more versions of the what does a 1008 form look like 2008 form. Select the right what does a 1008 form look like 2008 version from the list and start editing it straight away!
Versions Form popularity Fillable & printable
2018 4.8 Satisfied (49 Votes)
2009 4.4 Satisfied (565 Votes)
2008 4.2 Satisfied (42 Votes)
2005 3.7 Satisfied (43 Votes)
be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.
Contact us
The 1008 is called the loan transmittal summary and is a summary of the final loan application called the 1003. It used to be signed by underwriters as a notification that the terms/information is correct.
Form 1008 features all the summary data required for a mortgage loan, plus calculated figures, such as debt-to-income ratio, income, and liability amounts. Loan underwriters process form 1008 data to help them decide on whether to issue a loan and how much to issue.
2019, we communicated that the effective date for use of the updated form was aligned with the mandated use of the redesigned Uniform Residential Loan Application (Form 1003), which at the time was Feb. 2020. We also updated the Selling Guide to allow for the use of a similar document in lieu of Form 1008.
be ready to get more

Complete this form in 5 minutes or less

Get form