Close

See current mortgage rates on Zillow Mortgage Marketplace

Profile picture for BlackboxLost

A mortgage broker wants me to sign and initial a blank 1033 (Uniform Residential Loan Application)

Has anyone had experience with this?
The broker said that I would able to confirm the information at a later time and then digitally sign the documents again.
But this didn't make sense as I'm already signing a blank documents?
Help?
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
November 15 2013 - US
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (3)

Best Answer

Trust your instincts, that makes no sense to sign a blank application.  

Some brokers will send you a blank application to COMPLETE and sign, or more commonly will take your application information either electronically, verbally or in person and then have you sign it.   

To sign without anything completed is highly suspicious.   Find another broker.

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
November 15 2013
sketchy request...I wouldnt ....
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
November 15 2013
That's almost as bad as signing a blank check.  There is no reason for this broker to ask you this.  At most, they can ask you to sign a credit authorization form which would allow them to run your credit, but not a blank 1003.  That is not compliant and sounds shady.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
November 15 2013
 
Related Questions
Misrepresentation on HOA cert questions
Profile picture for Randy  Prusiewicz
Latest answer by Randy Prusiewicz
3 hours ago | 4 answers
How does rental income figure into your debt to income ratio?
Profile picture for George  Raymondo
Latest answer by George Raymondo
9 hours ago | 2 answers
Loan Qualification
Profile picture for Bruce Lynn
Latest answer by Bruce Lynn
21 hours ago | 5 answers
Can J1 visa holder get mortgage at Baltimore?
Profile picture for Adam Huntington
Latest answer by Adam Huntington
1 day ago | 5 answers
Seeking a lender that can do alternative doc qualification based on bank statements
Profile picture for Adam Huntington
Latest answer by Adam Huntington
1 day ago | 2 answers
Mortgage Rates
 
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.