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Puerto Rico Fixed-Rate Note (Form 3253): PDF - Fannie Mae

Puerto Rico Fixed-Rate Note (Form 3253): PDF - Fannie Mae-2025

Puerto Rico Fixed-Rate Note (Form 3253): PDF - Fannie Mae Preview on Page 1

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The document is a promissory note outlining the borrower's agreement to repay a loan amount, including interest, to the lender. It details payment terms, interest rates, borrower rights regarding prepayment, late charges for overdue payments, and consequences of default. The note also includes provisions for notices and obligations of all parties involved. Additionally, it mentions that the loan is secured by a mortgage or similar security instrument.

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Click ‘Get Form’ to open the Puerto Rico Fixed-Rate Note in the editor.
Begin by entering the date and location at the top of the form. Fill in the 'Date' and 'City' fields accurately.
In the 'Property Address' section, provide the complete address of the property associated with this note.
For 'Borrower’s Promise to Pay', input the principal amount you are borrowing and specify the lender's name.
Fill in the interest rate in Section 2, ensuring it reflects your agreed annual percentage rate.
In Section 3, indicate your monthly payment amount and specify when these payments will begin.
Complete any additional sections regarding prepayment rights, loan charges, and obligations as required.
Finally, ensure all signatures are collected where indicated before saving or sharing your completed document.

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Are FNMA and Fannie Mae the same?

The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company.

Whats another name for Fannie Mae?

So, to break down the acronyms: Fannie Mae, or the Federal National Mortgage Association, came from the acronym FNMA. Fannie for the letters FN and Mae for MA. Ginnie Mae, or Government National Mortgage Association, came from its acronym GNMA.

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