My loan was created after 3/1/21 using the “Copy from Existing Loan” feature using a traditional 1003 loan application. What do I do?
When creating a new loan by copying a loan that utilized the traditional 1003, the conversion is failing. You should not move forward with the traditional 1003 (i.e., do not run AUS or disclose).
We suggest exporting a MISMO 3.4 file and creating a new loan by importing the 3.4 file.
For the latest updates and features related to Caliber Home Loans, Inc. and the newly redesigned Uniform Residential Loan Application (1003) reference this page. If you encounter any problems or have additional questions, please contact us at email@example.com.