Fannie mae amendment form 2025

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  1. Click ‘Get Form’ to open the Fannie Mae Amendment Form in our platform's editor.
  2. Begin by filling in the 'Seller' and 'Purchaser' fields with the respective names of the parties involved in the agreement.
  3. Enter the 'Property' details, specifying the address or description of the property being sold.
  4. In the 'Date' field, input the date when this amendment is being executed.
  5. Locate the section for 'EXTENSION OF CLOSING DATE'. Fill in the original closing date and then specify the new extended closing date.
  6. Next, update the 'SALES PRICE' section by entering both the original sales price and the amended sales price.
  7. If there are any additional amendments, use the 'OTHER' section to provide further details as necessary.
  8. Finally, ensure that both parties sign and date at their respective sections to finalize the amendment.

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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.
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.
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.
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.
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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addendum to purchase agreement