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Click ‘Get Form’ to open the 1003 form in the editor.
Begin by entering the date and time at the top of the form. Next, specify your loan purpose by selecting from options like refinance, purchase, construction, or equity line.
Fill in the primary borrower’s details including name, date of birth, social security number, and contact information. Repeat this for the co-borrower if applicable.
Provide your current address and indicate whether you are purchasing a home or refinancing. If purchasing, select the home type and enter its estimated market value.
For refinancing, include details about your current mortgage holder, interest rate, term left, and balance. Also note any second mortgages or lines of credit.
Complete employment history sections for both borrowers by detailing employer names, addresses, positions held, years on job, and gross income.
Lastly, disclose any revolving debts or monthly obligations along with asset information such as cash in bank accounts and investments.
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