Fannie Mae 3735 2021-2025 free printable template

The Contractor will give Lender the name address and telephone number of each person that has a contract with Contractor to supply MULTISTATE CONSTRUCTION LOAN AGREEMENT Single-Family Fannie Mae MODEL DOCUMENT Form 3735 11/01 rev. 07/21 Page 1 of 12 materials or labor for the Work each a Supplier. THIS IS A MODEL DOCUMENT FOR USE IN FANNIE MAE CONSTRUCTION LOAN TRANSACTIONS. THIS FORM IS PROVIDED AS AN EXAMPLE AND HAS NOT BEEN EVALUATED FOR VALIDITY AND ENFORCEABILITY IN ANY JURISDICTION....

How to fill out fannie mae form construction

How to fill out Fannie Mae 3735

1. Start by obtaining the Fannie Mae 3735 form from the official Fannie Mae website or your lender.
2. Fill in your personal information, including your name, address, and contact details at the top of the form.
3. Provide the details of the property involved, including the address and type of property.
4. Indicate the loan type and amount you are applying for in the respective sections.
5. Include any relevant information regarding your income, employment, and financial situation in the designated fields.
6. Review the terms and conditions outlined in the form, ensuring you understand your obligations.
7. Sign and date the form where indicated to certify that all information provided is accurate.
8. Submit the completed form along with any required documentation to your lender or appropriate authority.

Who needs Fannie Mae 3735?

1. Individuals or families looking to obtain a mortgage for purchasing a home.
2. Real estate agents or brokers assisting clients with mortgage applications.
3. Lenders and financial institutions involved in backing Fannie Mae loans.
4. Consumers seeking to refinance their existing mortgage under Fannie Mae guidelines.

Video instructions and help with filling out and completing construction loan agreement

Instructions and Help about loan contractor form

Hi this is Rick with California construction loans calm and in this video we're going to show you how to fill out a standard loan application or as we call it a standard 1003 loan application again you can always access the download or download the application package by clicking on the icon here on the home page at California construction once calm I've already inputted the password to access this package remember the password is home h on e that's the password to get access to this information, and we kept it really simple, so it's easy to remember I'm going to open up this standard 10030 application which I've already done that right here, so this is the standard uniform residential loan application and the things I'm going to point out here are just simply the most important things the loan amount that is simply a guesstimate at this point your let's say you think the loan amount is going to be $500,000 then you would want to write that in there the subject property address is simply where you're building your land address and the next item you want to check off is whether this is a construction a permanent loan or just you know a construction only loan and whether it's your primary residence secondary residence or investment this line right here is important to fill out the year you bought the property the original cost in other words what you paid for it the amount of existing liens on the property if any and the value of the property as it currently sits if you've spent money on well septic water sewer cost of improvements you put that number in here and then total it up and again the other items are really not that important at this time you always want to make sure you put your name social security number and as legible as possible we get sometimes to get applications where we can barely read the social, and it just simply doesn't allow us to do a pre-qualification, so that's very important right there your employer information you always want to make sure you got the job title in there how many years you've been working at that particular job the address those are important items that sometimes we find missing as far as income you want to put your monthly gross income, so sometimes we get applications where the customer put they need the yearly income and set up the monthly so make sure you put the monthly in there, and it's sometimes a little confusing most times we can figure that out if you're currently renting or your current mortgage your present address you just put that into this section and propose we can figure that out for you once we do a pre-qualification this has become probably the most important part of an application which is your assets liquid assets such as your checking savings 401k, so you put checking maybe here savings here so on and so forth the other liquid assets that's very important is the vested interest in your retirement fund, so those numbers right there are very important for us to make sure that you...

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What is Fannie Mae 3735?

Fannie Mae 3735 is a form used by lenders to report certain mortgage loan information to Fannie Mae, typically related to borrower eligibility and loan performance.

Who is required to file Fannie Mae 3735?

Lenders who sell or service mortgages to Fannie Mae are required to file form 3735.

How to fill out Fannie Mae 3735?

To fill out Fannie Mae 3735, lenders must gather the required mortgage loan information and complete the form according to the instructions provided by Fannie Mae, ensuring all data fields are accurately filled.

What is the purpose of Fannie Mae 3735?

The purpose of Fannie Mae 3735 is to facilitate the reporting and tracking of mortgage loans, ensuring compliance with Fannie Mae's guidelines and enabling effective monitoring of loan performance.

What information must be reported on Fannie Mae 3735?

Fannie Mae 3735 requires reporting of borrower information, loan details, and other relevant data points essential for assessing loan eligibility and performance.