Instructions for Completion of the Consumer Information Form 2025

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The SCIF (Fannie Mae/Freddie Mac Form 1103) is an industry-recognized form used during the mortgage application process that allows borrowers to voluntarily identify language preferences and provide information on housing counseling and homeownership education they may have received.
Description. The purpose of the Supplemental Consumer Information Form (SCIF) is to collect information on homeownership education and housing counseling and/or language preference to help lenders better understand the needs of borrowers during the home buying process. Stage: Getting a Mortgage.
So, if youre selling a loan to the GSEs youd be required to use Form 1103 to capture information about homeownership education or housing counseling as well as language preference, but if this loan is being kept in-house as a portfolio loan, then you would not need to use Form 1103 or capture the information sought
the information needed by consumers when researching, purchasing, and completing a purchase. Examples of consumer information needs include: product attributes (e.g. specification, price, quality standards), expert and consumer opinions, and vendor reputation.
February 7, 2023-Lenders must use the Supplemental Consumer Information Form (SCIF/Form 1103) for new conventional loans sold to the GSEs with application dates on or after March 1. Any data provided on the SCIF must also be included in each GSEs automated underwriting system submission file.
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The CIS form discloses whether the real estate agent is functioning as the sellers agent, the buyers agent, as a dual disclosed agent, as a transaction broker, or as a sellers agent on one property while simultaneously being a transaction broker on the sellers other properties.

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