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#2251785 - 04/02/21 11:13 PM Lender Loan Information
CMSIngenue Offline
100 Club
Joined: Jan 2013
Posts: 154
The new URLA includes a section to be completed by lender called Lender Loan Information. Is this form required to be used by the lender? Is it required that the borrower be provided a copy of this form?

Found this link https://www.bankersonline.com/qa/use-lender-information-form-0 which suggests whether or not you use it depends on your investor but it doesn’t address whether the borrower needs to be provided a copy.

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Lending Compliance
#2251788 - 04/03/21 01:10 PM Re: Lender Loan Information CMSIngenue
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,364
Galveston, TX
I cannot find anything definitive, but I am not sure why the lender would be required to provide it to the applicant. The applicant is not attesting to the accuracy on that document when they sign the application.
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