B-003 Supplemental Consumer Information Form Requirement Reminder

FLCBank reminds our customers that the Supplemental Consumer Information Form (SCIF Fannie Mae/Freddie Mac Form 1103) will be a required document in the loan file for conventional loans with application dates on or after March 1, 2023. Any data provided on the SCIF must also be included in each GSE’s AUS submission file.

The SCIF supports lenders in collecting borrower(s) preferred language, applicable homeownership education, and housing counseling details.

FLCBank will include a SCIF with our URLA on every loan transaction and every borrower.

When the product does not require homeownership education, and housing counseling the SCIF will only include the Borrower Name and loan identifier (ULI #) unless the language section is completed, and if blank that is acceptable.
When the product requires the homeownership education, and housing counseling the SCIF must be completed with the applicable Education/Counseling section and fields.