Get Composite Mortgage Affidavit - Iowafinanceauthority.gov

The Composite Mortgage Affidavit is an essential document for buyers involved in property transactions. This guide provides clear, step-by-step instructions to help users accurately complete the affidavit online, ensuring a smooth filing process.

Follow the steps to complete the Composite Mortgage Affidavit online:

1. Press the ‘Get Form’ button to access the Composite Mortgage Affidavit and open it in your online editor.
2. Enter the commitment number and loan number in the appropriate fields. These identifiers are crucial for processing your affidavit.
3. Provide the property address where prompted. Ensure that the address is complete and accurate.
4. In the affidavit body, you will make several declarations about the property. Start by attesting that no labor, materials, or equipment have been furnished on the property in the last 90 days. If there are exceptions, provide details.
5. Confirm the existence of any public improvements affecting the property prior to closing and state whether they may lead to special property tax assessments.
6. Declare any unrecorded contracts, options, leases, or other agreements affecting the property.
7. Verify that any improvements made to the property are within property boundaries and do not encroach on neighboring properties.
8. Identify any covenants, conditions, or restrictions recorded in the county recorder’s office and note any violations.
9. Indicate whether there is anyone claiming possession of the property other than yourself.
10. Confirm that you have not filed for bankruptcy within the last seven years. If applicable, provide additional details.
11. Assure the accuracy of the statements made in the affidavit and acknowledge your indemnification of Iowa Title Guaranty against any losses.
12. Confirm your marital status by checking the appropriate box and providing explanations if necessary.
13. Specify whether the described property will be your primary residence, then check yes or no to decide on the free owner’s coverage.
14. Lastly, provide signatures and printed names where indicated, ensuring all necessary parties have signed the document.
15. Save your changes, and then download, print, or share the affidavit as needed.

Complete your Composite Mortgage Affidavit online today!