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#2199706 - 12/03/18 10:31 PM URLA 1004 application?
gunches Offline
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Joined: Dec 2005
Posts: 210
Is it required to use a URLA 1004 application for a loan secured by land only?

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Lending Compliance
#2199709 - 12/03/18 10:34 PM Re: URLA 1004 application? gunches
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,227
Galveston, TX
A Form 1004 is a Uniform Residential Appraisal Report. Do you mean a Form 1003? There is no requirement to ever use a Form 1003 unless you plan on selling the loan. You can take an application on a napkin.
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