Uniform Riders and Fannie Mae-Specific Riders to Security Instruments

Homium uses FNMA riders to security instrument. There are also some situations in which Homium requires a rider to security instruments, but FNMA has not developed a specific form. In some cases, Homium may offer language that the title agent may include in the rider, even though FNMA did not develop a specific document.

Security instruments must be amended by one or more uniform riders or Fannie Mae-specific riders, as applicable, including:

The Multistate PUD Rider Form 3150 the Multistate Condominium Rider Form 3140	Required for a mortgage that is secured by a unit in a PUD or condo project.
Revocable Trust Rider	May be used to amend security instruments for mortgages with inter vivos trust borrowers. For example, Homium/FNMA has developed a sample rider for mortgages that are made to inter vivos trust borrowers and are secured by California properties. See Inter Vivos Revocable Trust Mortgage Documentation and Signature Requirements, for more information about the use of this rider and similar riders.
A rider that includes a cross-default provision	Must be used to amend security instruments for mortgages secured by leasehold estates so that a default on the lease is a default on the mortgage. Homium/FNMA does not publish a standard rider that includes this provision.