№ files_lp_3_process_7_066293
File format: docx Character count: 7264 File size: 1025 KB
This document provides an overview of location-efficient mortgages offered by Fannie Mae in collaboration with nonprofit organizations to benefit homebuyers in transit-rich areas.
Year: 2012
Region / City: Utah, USA
Theme: Housing, Transportation, Finance
Document Type: Article
Organization / Institution: Fannie Mae, Utah Transit Authority
Author: Unknown
Target Audience: Homebuyers, Local residents, Policy makers
Effective Date: 2012
Date of Changes: None
Price: 8 / 10 USD
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Leasehold Mortgages and BIA Approval Requirements
Year: Not specified
Region / City: Palm Springs, CA
Subject: Leasehold mortgages on Indian trust land
Document Type: Instruction / Regulatory Guidance
Issuing Authority: Bureau of Indian Affairs (BIA)
Intended Audience: Lessees, mortgagees, and trustees of leasehold interests
Relevant Regulations: §§ 162.449–162.460
Required Documentation: Deeds of Trust, Promissory Note, Corporate Documents, Insurance Certificates, Title Reports, Consent Statements
Processing Time: 20 days from receipt of complete package
Fees: Master Lease $2,000; Sublease $500; Rush Status $500; Pre-review $250; Additional BIA services $250
Purpose: Approval or disapproval of leasehold mortgages under federal regulations
Compliance Conditions: Indian landowner consent, lessee and mortgagee agreements, BIA review and approval
Topics: Location-efficient mortgages