Revised URLA Date Nears – NMP Skip to main content

Revised URLA Date Nears

May 22, 2019
Photo credit: Getty Images/Oakozhan

As we near July 1, 2019, lenders and vendors are thinking more about the changes we need to make to support the revised Uniform Residential Loan Application (URLA). The new forms can begin to be used for applications on or after July 1, 2019, though use is not required until Feb. 1, 2020.
 
DocMagic will be providing informational Webinars about the forms and how to use our services with the new forms in the coming month. In preparation for these use dates, let’s take another brief look at the forms that will make up the revised URLA.
 
The current application form is generally made up of one main form that collects various information about the borrower(s), property and the loan, whereas the redesigned URLA splits the application into five different forms: The Borrower Information Document, the Additional Borrower Document, the Unmarried Addendum, the Lender Loan Information Document and the Continuation Sheet.
 
The forms present a change to an application process that has been in place for decades. One of the stated goals of the redesign effort by the GSEs was to make the collection of information from consumers more efficient and make the forms more usable by consumers. This reflects an overall change to the intended audience of the redesigned URLA. With the current application form, the intended audience is clearly the lender, with the form providing Income, Asset and Liability information in aggregated, easy-to-read formats for Loan Officers, Processors and Underwriters.
 
The new Borrower Information Document, Additional Borrower Document and Unmarried Addendum are revised to walk the borrower through the application process, collecting income information, employment information, and liabilities with their associated asset (e.g., real estate-owned) for example. This means that all borrower income, assets and liabilities are spread throughout the forms. On the Borrower Information Document, the subject property and loan information are not entered until Section 4, after all the borrower’s information is collected.
 
The Lender Loan Information Document is the only portion of the redesigned URLA that is geared toward an intended lender audience. This form includes details about the loan and property, e.g., how the property will be vested, the loan type, the interest rate, the amortization type, etc. Proposed housing expense information is also included in the Lender Loan Information Document, though it is no longer shown along with the borrower’s current (present) housing expense.
 
The Unmarried Addendum will replace various state-specific documents generally referred to as Civil Union/Domestic Partnership Addendums. The Unmarried Addendum is to be used anytime the borrower indicates their marital status is unmarried. The form asks if there is any other person who may have real property rights similar to a spouse.

Gavin T. Ales is Chief Compliance Officer with Torrance, Calif.-based DocMagic Inc.Gavin T. Ales is Chief Compliance Officer with Torrance, Calif.-based DocMagic Inc. He may be reached by phone at (800) 649-1362, ext. 6446 or e-mail [email protected].

This sponsored editorial originally appeared in the April 2019 print edition of National Mortgage Professional Magazine.


 
About the author
Published
May 22, 2019
Jobs Report Comes In Weak After Mortgage Rates Surge

Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates

Oct 02, 2026
Price Cuts Hit Four-Year High As Mortgage Rates Top 7%

More than one in five listings took a price cut in September, but pending sales still posted their sharpest annual decline since March 2025

Oct 01, 2026
Serious Mortgage Delinquencies Rise 19% After Five Months Of Improvement

ICE data shows 574,000 mortgages were at least 90 days past due in August, while early-stage delinquencies remained below year-ago levels

Sep 29, 2026
Smaller Down Payments Give Buyers More Room, But Rates Limit The Savings

The typical down payment fell 9% from a year ago, while shifting market conditions are giving originators different affordability conversations across the country

Sep 25, 2026
Mortgage Rates Break 7% Just As Builders Find A Way To Move Buyers

New-home sales rose 6.4% in August as builders cut prices, offered incentives, and sold more lower-priced homes. Now mortgage rates are moving against buyers again

Sep 25, 2026
Borrowers Want Digital Closings, But Some Originators Remain Hesitant

ServiceLink finds 45% of surveyed LOs cite borrower reluctance as a barrier, even though most recent buyers say digital options would influence their choice of mortgage provider

Sep 23, 2026