Compliance Agreement Download Free Print-Only PDF OR Purchase Interactive PDF Version of this Form
Compliance Agreement Form. This is a Ohio form and can be use in Real Property Transactions Statewide.
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Tags: Compliance Agreement, Ohio Statewide, Real Property Transactions
File No. COMPLIANCE AGREEMENT RE: BORROWER(S): PROPERTY ADDRESS: LOAN NUMBER: Borrower's and Seller's Agreement The persons signing below as Borrower and Seller hereby agree to cooperate fully with Lender in the correction, adjustment, revision or completion of documents executed, including the execution of omitted documents which customarily are executed, in connection with the closing of the Borrower's mortgage loan transaction with Lender, for the purpose of correction of clerical typographical or other errors or omissions, the correction of which is deemed necessary or desirable by Lender to bring the documentation of such loan transaction into conformity with the agreed-upon terms thereof or to qualify Borrower's mortgage for guaranty by the Veteran's Administration insurance by the Federal Housing Administration or insurance by an issuer of private mortgage insurance or sale on the secondary mortgage market to FNMA, FHLMC or other purchaser. Borrower's Agreement At any time following the closing of Borrower's mortgage transaction, the persons signing below as Borrower agree to execute, acknowledge, if applicable, and deliver to Lender such additional documentation in connection with Borrower's mortgage transaction which documentation is deemed necessary or desirable by Lender to qualify Borrower's mortgage for guaranty by the Veteran's Administration, insurance by the Federal Housing Authority or insurance by an issuer of private mortgage insurance or to qualify Borrower's mortgage for sale on the secondary mortgage market to FNMA, FHLMC or other purchaser provided that such additional documentation does not materially and substantially alter or amend the essential terms of Borrower's mortgage transaction to the disadvantage of Borrower. Executed under seal this BORROWERS: day of , 20 . SELLERS: American LegalNet, Inc. www.FormsWorkflow.com