The 1003 is designed to replicate a Uniform Residential Loan Application. Once a user has selected a loan in their pipeline, the 1003 is located on the left-side navigation under forms and docs. There are tabs for each section of the 1003 and at the bottom of each tab are button options.
Navigate through the 1003 by clicking on the tabs at the top, or click the Next or Previous buttons at the bottom of the screen. While navigating from one tab to another changes are automatically saved.
The Save/Close button will save any changes, close the 1003 and direct the user back to the Loan Dashboard.
The Cancel button will close the 1003 and direct the user back to the Loan Dashboard without saving changes made to the current tab.
The Submit button will be available to users with the appropriate user rights. Submit will direct users to the Automated Underwriting screen to submit to DU/DO or LP.
As a user navigates through the 1003, all changes are saved and they automatically update fields on various screens, including: the Borrower Summary, LE, GFE, TIL and IFW (Itemized Fee Worksheet).