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The Uniform Residential Loan Application (URLA) form for the mortgage industry is undergoing change for the first time in 20 years. Also known as the Freddie Mac Form 65 / Fannie Mae Form 1003, URLA is a standardized document used by borrowers to apply for loans.
The revised form, officially called the HUD Form 92900-A, Addendum to Uniform Residential Loan Application is mandated by FHA and must have signatures from the underwriter and/or other lender representative, as well as the borrower.
What is the Uniform Residential Loan Application? Uniform Residential Loan Application is a standardized loan form used in the mortgage industry. This form is called a 1003 form, it requires that borrowers fill out all necessary information before a loan can be established between a lender and the borrower.
What is an \u201cIdentity of Interest\u201d? FHA defines an \u201cidentity of interest\u201d as any relationship where the purchaser and seller are related, and / or affiliated through a business relationship. This could, for example, be parent/child as buyer/seller, or persons who are partners in other projects as buyer/seller.
The Federal Housing Agency (FHA) recently revised Form HUD-92900-A HUD Addendum to Uniform Residential Loan Application to (i) better align the loan level certifications with regulatory and legal requirements, and (ii) provide clarity and ensure accuracy of information provided to FHA.
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Addendum to Residential Loan Application means the affidavit contained in the Program Manual, on which each prospective Mortgagor must certify to certain facts in order to comply with federal tax laws.
HUD issued Mortgagee Letter 2020-49 December 22, 2020 which announced HUD was revising the current form 92900-A/26-1802a, HUD/VA Addendum to Uniform Residential Loan Application. The new 92900-A improves the ability for lenders and borrowers to comply with the certifications required by HUD.
The HUD-92900-LT does not replace but will be used in conjunction with the HUD-92700, the 203(k) Maximum Mortgage Worksheet. The HUD-92900-LT provides one document for all forward mortgage types, including refinance transactions, and simplifies the disclosure of loan-level information.
The new 92900-A improves the ability for lenders and borrowers to comply with the certifications required by HUD. HUDs new version of form 92900-A is dated 2/2021 and is specific to FHA transactions. FHA will require the use of the new version of the 92900-A on case numbers assigned on or after March 22, 2021.
The Federal Housing Agency (FHA) recently revised Form HUD-92900-A HUD Addendum to Uniform Residential Loan Application to (i) better align the loan level certifications with regulatory and legal requirements, and (ii) provide clarity and ensure accuracy of information provided to FHA.

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