Uniform Residential Loan Application (URLA)

The Uniform Residential Loan Application (URLA) is a standard form used by lenders to gather information from borrowers applying for a mortgage. It collects essential details about the applicant's financial situation, credit history, employment, and the property being financed. This standardized process helps ensure that lenders evaluate all borrowers fairly and consistently. By providing a comprehensive view of a borrower’s qualifications, the URLA plays a crucial role in determining whether a loan will be approved, helping streamline the mortgage application process for both the borrower and the lender.