When do I check that the Address is not the Borrower's principal residence address?

A customer should check the "Borrower 1 address is not the Borrower's principal residence address" box if Borrower 2 has a different residential address than the one listed for Borrower 1.

Description

By checking the "Borrower 1 address is not the Borrower's principal residence address" box it will trigger an option to input the Borrower's principal residence address state, which may be applicable in documents based on state, other data entry, etc. The "Borrower 1 address is not the Borrower's principal residence address" box will only appear if Borrower 2 is an Individual Borrower.

User Interface

GoDocs Software Output Sample

*The reference to Borrower 2 principal residence will be in the Deed of Trust. (see below)