Get Fannie Mae 1202 2001-2026

The Fannie Mae 1202, also known as the Contractor Profile Report, is a crucial document for borrowers looking to gather relevant information about contractors for renovation projects. This guide will provide you with clear and supportive instructions on how to effectively fill out this form online.

Follow the steps to complete the Fannie Mae 1202 online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by filling in the contractor information section. Enter the case number, date, borrower name, co-borrower name, contractor name, address, point of contact, and phone number in the designated fields.
3. In the organization section, select the type of organization from the provided list: Corporation, Partnership, Limited Liability Company, Joint Venture, Individual, or Other. Specify the number of years the organization has been in business under its current name. Then, list the jurisdictions where the organization is legally licensed to operate, along with the tax ID number and license numbers.
4. For the types of work and experience section, list the types of work the organization performs directly. Additionally, provide details on two projects completed within the last year, including names, locations, contact information, contract amounts, and completion dates.
5. Indicate whether there are any judgments, claims, arbitration proceedings, or suits pending against the organization or its officers. If applicable, describe these in an attached document. Also, indicate if the organization has filed any lawsuits or requested arbitration regarding construction contracts in the last five years and provide further details if required.
6. In the financial references section, enter information about banks, creditors, or bonding companies. Ensure to attach a copy of the most recent financial statement, preferably audited.
7. For the insurance section, provide the name of the insurance company, type and amount of coverage, contact person, and their phone number.
8. The contractor should then review the declaration statement ensuring all information is complete and accurate before signing. Fill in the contractor's name, title, and date to finalize the form.
9. Finally, save the completed document. Users can download, print, or share the form as needed.

Complete your Fannie Mae 1202 form online effortlessly!