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Get Addendum To Residential Loan Application Fannie Mae Form 1009
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How to fill out the Addendum To Residential Loan Application Fannie Mae Form 1009 online
The Addendum To Residential Loan Application Fannie Mae Form 1009 serves as a critical document for borrowers to provide additional information regarding their finances and personal details. This guide will walk you through the process of completing this form online, ensuring clarity and accuracy.
Follow the steps to effectively complete the form online.
- Click 'Get Form' button to obtain the form and open it in the online editor.
- Begin with Section I by entering the number of individuals who will occupy the subject property.
- Move on to Section II where you will fill out your gross monthly income. Include fields for the borrower and co-borrower, as well as total amounts. Input income from various sources including base employment, overtime, bonuses, and any other income types listed.
- Continue in Section II to report combined monthly expenses. Include expenses for real estate taxes, hazard insurance, HOA fees, and other necessary costs.
- Proceed to Section III to provide employment information. Include your current job details, including start and end dates, employer name, and contact information. If self-employed, ensure to check the relevant box.
- Navigate to Section IV to list your liabilities and assets. For liabilities, include the creditor's name, outstanding debts, and corresponding monthly payments. For assets, indicate your checking and savings accounts, retirement accounts, and any relevant market values.
- In Section V, read through the acknowledgment and agreement carefully. Ensure you understand the implications of the information provided and complete the certification by signing and dating the document.
- If needed, use the continuation section to provide any additional information, marking it clearly for the appropriate party (borrower or co-borrower).
- After all sections are filled out, review your inputs for accuracy. Save changes and proceed to download, print, or share the completed form as necessary.
Complete your forms online efficiently and accurately!
The new Demographic Information Addendum provides expanded fields to allow the borrower to provide more detailed information regarding their ethnicity and race should they choose to do so and replaces “Section X Information for Government Monitoring Purposes” on page 4 of the 1003.
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