Verification of Residence (VOR)
More Resources on the URLA Support Page
Use the Verification of Residence (VOR) to record current and previous residences for the borrower pair. When you add residence information on the VOR, the current and first previous residence display on the 1003 URLA Part 1 or 1003 Page 1 input form (depending on the URLA forms used for the loan). If you add residence information on the 1003 URLA Part 1 or 1003 Page 1, the information is added to the VOR. When using the URLA 2009, the two VOR entries that display on the 1003 Page 1 will print to the output form. When using the URLA 2020, all VOR records for Current or Former addresses display on the output form, provided the Does Not Apply checkbox is not selected for the Former Address section on the 1003 URLA Part 1.
To shortcut the entry of address information, type the zip code first.The City and State fields will automatically be filled.
To Access the VOR:
There are two ways to open the VOR:
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On the Forms tab, click VOR.
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On the URLA Part 1 or Page 1 of the 1003 loan application, click the Show All (VOR) button.
To Create a New Residence Record:
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At the top of the VOR list, click the New icon.
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On the New Residence window, select a Borrower Type and Residence Type, and then click OK.
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Select the checkbox to print the statement "See attached borrower's authorization" on the applicant's signature line of the printed form.
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Complete the To: (Name & Address of Landlord) section if the residence is, or was, rented.
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Click the Address Book icon to add a landlord from the Verification category of your business contacts. You can also type a name and then right-click to create a new contact in your business contacts.
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In the From section, the following options are available for the value that prints in the Title field on the output form.
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Accept the default value of Loan Processor.
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Type a different value or clear the field.
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Select the Print user's name checkbox to print the name of the user selected in the Verification Contact Setup setting. If no selection has been configured in the setting, the name of the logged-in user is printed by default
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Select the Print user's job title checkbox to print the job title of the user selected in the Verification Contact Setup setting. If no selection has been configured in the setting, the name of the logged-in user is printed by default.
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Complete the Residence Information section and then type the account name for the residence.
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Click the New icon to create another record.
Edit a Residence
Record