Loading
Get Announcement 06-02 Enhancements To The Community Seconds Option. Enhancements To The Community
How it works
-
Open form follow the instructions
-
Easily sign the form with your finger
-
Send filled & signed form or save
How to fill out the Announcement 06-02 enhancements to the community seconds option online
This guide provides clear instructions on how to effectively fill out the Announcement 06-02 enhancements to the community seconds option form. Designed to assist users with varied levels of experience, the guide walks you through each section and field of the form for a successful submission.
Follow the steps to fill out the form correctly:
- Press the ‘Get Form’ button to access the form and open it for editing.
- Review the enhancements included in the Announcement, noting any changes that apply to your situation.
- In the first section, enter the name of the county and state pertinent to the community seconds option.
- Provide details of the subordinate mortgage, including the amount and terms, ensuring they align with the newly established guidelines.
- Complete the fields related to the household income and any applicable eligibility criteria as outlined.
- If applicable, detail any special feature codes that require inclusion based on your loan's specifications.
- Review your completed form for accuracy, ensuring all required fields are filled and consistent with the guidelines.
- Once validated, save changes to your document, and proceed to download, print, or share your form as needed.
Begin completing your documents online to take advantage of these enhancements.
Community Seconds are subordinate mortgages that can help make homeownership more accessible to borrowers. Although Fannie Mae does not purchase Community Seconds mortgages, we do require that they meet certain criteria when they are subordinate to first mortgages purchased by Fannie Mae.
Industry-leading security and compliance
US Legal Forms protects your data by complying with industry-specific security standards.
-
In businnes since 199725+ years providing professional legal documents.
-
Accredited businessGuarantees that a business meets BBB accreditation standards in the US and Canada.
-
Secured by BraintreeValidated Level 1 PCI DSS compliant payment gateway that accepts most major credit and debit card brands from across the globe.