Countries and Languages
| Countries | Languages |
|---|---|
| USA | English |
Extracted Fields
Terms of Loan and Property Information
Type of Mortgage
| Field | Description |
|---|---|
| Mortgage Applied for | Mortgage type. |
| Agency Case Number | Mortgage identifier in MISMO format. |
| Lender Case Number | The lender’s internal system mortgage identifier. |
Terms of Loan
| Field | Description |
|---|---|
| Amount | The total amount of the loan. |
| Interest Rate | The interest rate. |
| Number of Months | The term of the loan (in months). |
| Amortization Type | The loan payment type. |
Property Information
| Field | Description |
|---|---|
| Subject Property Address | The address of the financed property. |
| Number of Units | The number of property units being financed (e.g., number of apartments). |
| Legal Description of Subject Property | A legal description of the financed property (e.g., number of rooms, property size, the year the property was built in, etc.). |
Additional Terms
| Field | Description |
|---|---|
| Purpose of Loan | The purpose of the loan (purchase, construction, refinance, etc.). |
| Property Will Be | The purpose of the financed property. |
Borrower Information
| Field | Description |
|---|---|
| Borrower’s Name | The borrower’s name. |
| SSN | The borrower’s Social Security Number. |
| Home Phone | The borrower’s home phone number. |
| Date of Birth | The borrower’s date of birth. |
Borrower Employment Information
| Field | Description |
|---|---|
| Name of Employer | The name of the borrower’s employing organization. |
| Address of Employer | The address of the borrower’s employing organization. |
| Position | The borrower’s job position. |
| Years in Job | How long the borrower has worked for the organization. |
| Dates | The borrower’s employment start and end dates. |
| Self Employed | Specifies whether the borrower is self-employed. |
Co-Borrower Information
| Field | Description |
|---|---|
| Co-Borrower’s Name | The co-borrower’s name. |
| SSN | The co-borrower’s Social Security Number. |
| Home Phone | The co-borrower’s home phone number. |
| Date of Birth | The co-borrower’s date of birth. |
Co-Borrower Employment Information
| Field | Description |
|---|---|
| Name of Employer | The name of the co-borrower’s employing organization. |
| Address of Employer | The address of the co-borrower’s employing organization. |
| Position | The co-borrower’s job position. |
| Years in Job | How long the co-borrower has worked for the organization. |
| Dates | The co-borrower’s employment start and end dates. |
| Self Employed | Specifies whether the co-borrower is self-employed. |
Income and Expenses
Monthly Income and Housing Expense
| Field | Description |
|---|---|
| Gross Monthly Income (Borrower) | The borrower’s monthly income before taxes. |
| Gross Monthly Income (Co-Borrower) | The co-borrower’s monthly income before taxes. |
| Gross Monthly Income Total | The combined monthly income of the borrowers. |
| Combined Monthly Housing Expense Total (Present) | The current combined monthly housing expenses of the borrowers. |
| Combined Monthly Housing Expense Total (Proposed) | The proposed combined monthly housing expenses of the borrowers. |
Assets and Liabilities
| Field | Description |
|---|---|
| Total Assets | The total combined assets of the borrowers (monetary value). |
| Total Liabilities | The total combined liabilities of the borrowers (monetary value). |
| Net Worth | The total combined net worth of the borrowers (Total Assets − Total Liabilities). |
Details of Transaction
| Field | Description |
|---|---|
| Box a - Purchase Price | The purchase price of the financed property. |
| Box i - Total Costs | The total cost of the financed property, including all additional charges (e.g., insurance fees). |
| Box o - Loan Amount | The total amount loaned out. |
| Loan Origination Company’s Name | The name of the lending organization. |
Key Fields
- Lender Case Number
- Amount
- Borrower’s Name
- Borrower Information/SSN
Validation Rules
| Rule | Description |
|---|---|
| Check Checkmark Borrower | Sets the Borrower Employment Information/Self Employed field to false if marked as “N” on the form. |
| Check Checkmark CoBorrower | Sets the Co-Borrower Employment Information/Self Employed field to false if marked as “N” on the form. |