Form 1003 - also know as Uniform Residential Loan Application -, is the standard form completed by borrowers when applying for a mortgage loan in US.
Form 1003 is typically completed twice in the application process: once during the initial application and again at closing.
A borrower lists income, including two years of employment history and monthly household income all assets and liabilities on the form when attempting to secure a mortgage loan.
The filled out form 1003 is received via email.
This Bot downloads the form, reads the data and ingests it into the Mortgage software.