When you are looking to purchase a home, there are a number of things that you will need to take care of. One of those is getting pre-approved for a mortgage. This will help give you an idea of what you can afford and how much you need to save up for a down payment. One thing that you may not have to worry about is the Fannie Mae Authorization Form. This form is used by Fannie Mae to ensure that the person who is taking out the mortgage has the ability to pay it back. Here's what you need to know about this form and how to get it taken care of.
| Question | Answer |
|---|---|
| Form Name | Fannie Mae Authorization Form |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | fannie mae borrower authorization form, fannie mae borrower certification and authorization form, borrowers authorization fannie mae blank, fannie authorization form |
Borrower Authorization Form
Fannie Mae pays close attention to the challenges homeowners face in their real estate transactions. Fannie Mae has tools and resources available to help real estate professionals get approvals for real estate transactions when the offer amount is less than the unpaid balance on the mortgage. This is also known as a short sale.
To attempt a short sale, real estate professionals will need to provide certain information about you and your mortgage to Fannie Mae and other related third parties, as described below. Fannie Mae cannot guarantee a positive resolution on your short sale transaction.
Please complete the following:
I hereby authorize and instruct _________________________ (hereinafter “Real Estate
Professional”) to obtain any information related to a potential real estate sale transaction on my property.
In addition to my authorization above, I understand and consent to the disclosure of any information related to a potential real estate sale transaction on my property to (a) my Real Estate Professional’s multiple listing service, (b) Fannie Mae, (c) companies that perform services related to my real estate transaction, (d) third party service providers supporting Fannie Mae’s short sale processes and (e) any employees, agents or subcontractors of the entities listed above.
I agree that Fannie Mae, companies that perform services related to my real estate transaction and their respective employees, agents or subcontractors may contact me by e‐mail, telephone or letter to discuss my real estate transaction.
________________________________ |
_____________________ |
Homeowner Name(s) (Print) |
MLS Listing Number |
(Print) |
|
_______________________________ |
_____________________ |
Homeowner Signature(s) |
Date |
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