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Get Mn Master Servicing Redemption Statement 2018-2025
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How to fill out the MN Master Servicing Redemption Statement online
The MN Master Servicing Redemption Statement is a critical form used for loans that have been redeemed or outbid at a Sheriff Sale. This guide will provide you with detailed, step-by-step instructions to help you complete this document online with confidence.
Follow the steps to complete the MN Master Servicing Redemption Statement efficiently.
- Click ‘Get Form’ button to obtain the form and open it in the editor.
- Begin by filling out the 'Servicer Name' field with the name of the servicing company responsible for the loan.
- Enter the 'Servicer Loan Number' which is the identification number assigned by the servicer for the specific loan.
- Input the 'Minnesota Housing Loan Number' associated with the mortgage.
- Add the 'Today’s Date' in the format of month, day, and year.
- Provide the 'Mortgagor Name', which is the name of the borrower.
- Indicate the 'Interest Rate' applicable to the loan.
- Fill in the 'Property Street Address' where the mortgaged property is located.
- Complete the 'City / State / Zip' section with the relevant location information.
- Enter the 'Date of Redemption' — the date on which the redemption occurred.
- Specify the 'Bid Amount' in the designated space.
- Input the 'Interest' amount earned from the redemption date to the present date.
- List any 'Expenses Not Included In Bid Amount' that apply to this transaction.
- Indicate any 'HAF Funds' that are applicable.
- Calculate the 'Total Collected by Servicer (Redemption Amount)' by adding the amounts in steps 11 through 14.
- Subtract any 'Less Unreimbursed Servicer Expenses' from the total collected to find the net due.
- Determine the 'Net Due Minnesota Housing' by subtracting step 16 from step 15.
- Specify the 'Loan Type' in the provided field to categorize the loan.
- Sign where indicated as 'Authorized Signature' and fill in the 'Phone Number' for contact purposes.
- Once the form is completely filled out, you can save changes, download, print, or share the form as needed.
Complete your MN Master Servicing Redemption Statement online today to ensure all required information is accurately submitted.
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