The 1003 mortgage application is the most valuable tool we have when a customer applies for a mortgage. If filled out properly, the mortgage application can instantly provide you with enough crucial information to get the mortgage process started.

This application is designed to be completed by the applicant(s) with the loan officer's assistance. Applicants should complete this form as "Borrower" or "Co-borrower", as applicable. Co-Borrower information must also be provided (and the appropriate box checked). When the income or assests of a person other than that "Borrower" (including the borrower's spouse) will be used as a basis for loan qualification or the income or assests of the borrower's spouse will not be used as a basis for loan qualification, but his or her liabilities must be considered because the borrower resides in a community property state, the security property is located in a community property state, ot the borrower is relying on other property located in a community property state as a basis for repayment of the loan.