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Addendum and amendment

Fannie mae amendment form 2026

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The document is an amendment to a real estate purchase agreement between a seller and purchaser, specifically Fannie Mae. It outlines changes to the closing date and sales price of the property, while affirming that all other terms of the original agreement remain in effect.

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Click ‘Get Form’ to open the Fannie Mae Amendment Form in our editor.
Begin by filling in the 'Seller' and 'Purchaser' fields with the respective names of the parties involved in the agreement.
Enter the 'Property' details, specifying the address or description of the property being sold.
In the section for 'Date', input the original date of the agreement to provide context for this amendment.
For extending the closing date, locate Section 2 and fill in both the original closing date and the new extended closing date.
Adjust the 'Sales Price' section by entering the original sales price and then updating it to reflect any changes agreed upon.
Complete any additional notes or terms under 'OTHER' as necessary, ensuring all amendments are clearly documented.
Finally, have both parties sign and date at the bottom of the form, ensuring that all signatures are captured accurately.

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What is Fannie Mae Form 582?

The Lender Record Information (Form 582) provides information needed to verify the seller/servicer continues to meet basic eligibility requirements, as well as certifications, in compliance with Fannie Maes requirements.

What does it mean when a property is a Fannie Mae property?

A Fannie Mae HomePath property is real estate obtained by foreclosure or a deed in lieu of foreclosure. Buyers can purchase a HomePath property with a 3% down payment and receive a closing cost credit up to 3% of the purchase price if they use the HomeReady loan program.

What is a Fannie Mae Form 1033?

To assist lenders in performing a comprehensive review of data elements in the origination appraisal, Fannie Mae provides Form 1033. Although lenders are not required to use Form 1033 in their reviews, it can serve as a framework for validating the underlying data elements that are used to determine value.

What is a 1033 appraisal form?

One-Unit Residential Appraisal Desk Review Report Form 1033 reports results of a desk review for a Mortgage secured by a 1-unit property originated using an appraisal report.

What is the difference between Fannie Mae and FHA?

For value acceptance (appraisal waiver) to be considered, generally a prior appraisal must be found for the subject property in Fannie Maes Collateral Underwriter (CU) data. When required, DU will compare the address for the subject property to the property addresses found in CU.

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