Get Multistate Riders And Addenda (form 3114): Pdf - Fannie Mae

The Multistate Riders And Addenda (Form 3114) is an essential document for borrowers engaging with adjustable rate mortgages. This guide provides clear, step-by-step instructions on how to accurately complete this form online, ensuring a smooth and efficient process.

Follow the steps to fill out the form correctly.

1. Click the ‘Get Form’ button to access the Multistate Riders And Addenda (Form 3114) and open it in your chosen PDF editor.
2. Begin by entering the date you are completing the form in the provided blank space, indicated as ‘______ day of _____________________, ______.’
3. Fill in the name of the lender in the applicable space after ‘to secure Borrower's Adjustable Rate Note (the “Note”) to.’ Make sure this name matches the legal entity that is providing the loan.
4. Provide the full address of the property at the designated location labeled ‘[Property Address].’ Ensure this is the same as the address outlined in the Security Instrument.
5. Enter the initial interest rate in the space provided, labeled ‘___________%.’ This rate will be used as a reference when changes occur.
6. Fill in the change dates, which are the specific days on which the interest rate may change, following the format provided: ‘the first day of ____________________, ______.’
7. Complete the Index section by providing the relevant percentage points to be added to the Current Index in the next blank spaces.
8. Indicate the limits on interest rate changes by filling out the maximum and minimum rates allowed in the spaces provided.
9. Make sure to read and understand the notice of changes section, which outlines how and when you will receive information about any interest rate modifications.
10. Finally, review the entire document for accuracy. Once you are satisfied, you can save your changes, download the form, print a copy for your records, or share it as needed.

Complete the Multistate Riders And Addenda (Form 3114) online to facilitate your mortgage process.