Prefer to talk in person? Find a mortgage specialist on Zillow
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?
  • November 15 2013 - US
  • 0
    0Yes

  • Report a Problem

    Please enter a valid email address.

    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.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

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.

  • November 15 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    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.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for daveskow
sketchy request...I wouldnt ....
  • November 15 2013
  • 1Yes

  • Report a Problem

    Please enter a valid email address.

    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.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

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.
  • November 15 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    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.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.