Mortgage Instructions (Form 3015 Mandatory And Optional Additions)

FORM 3015 - MORTGAGE DOCUMENTS INDIANA – SINGLE FAMILY – FANNIE MAE/FREDDIE MAC UNIFORM INSTRUMENT INSTRUCTIONS. This form is used for creating a standardized mortgage agreement for single-family properties located in the state of Indiana. This form is applicable to first-lien loans for all property types except cooperatives, and can be used regardless of the borrower’s occupancy type. It complies with Fannie Mae and Freddie Mac requirements and includes provisions for incorporating necessary legal disclosures and lender information in accordance with federal regulations such as the Truth in Lending Act and Regulation Z. The document outlines specific required and authorized changes lenders must or may make, including inserting the loan originator's name and ID, designating MERS as the mortgagee of record, adding purchase money language, or adjusting for leasehold interests. This form can be tailored to reflect trust arrangements when a borrower is a revocable trust, and allows flexibility for adding legally mandated notices, spousal acknowledgments, and local jurisdictional recording instructions. www.FormsWorkflow.com