Extension Application Form Email Address*Loan Number*Borrower Name*Property Address*Has this loan received one or more extensions?* Yes No Account InformationWhat is the current exit strategy? i.e. Listed to sell, construction delays, refinancing, under contract*What is the reasoning for the delay?*I will provide proof of up-to-date property insurance.* Agree Attach proof of insurance at the bottom of this form.I will provide up-to-date property tax information.* Agree Attach property tax information at the bottom of this form.Are you up to date on your monthly payments?* Yes No The extension fee is .5% of the UPB up front or 1% of the UPB at settlement (with a minimum of $500 up front or $1,000 at settlement). How do you wish to pay?* Upfront Settlement If the property is currently listed to sell, please fill out the following or skipPlease provide the link to the listingHas there been any price reductions in the last 30 days? Yes No If no, do you plan on reducing the sales price? Yes No If you plan on reducing the price, what is the expected date this will take place?If you are experiencing construction delays, please fill out the following or skipWhen is the expected completion date? Date Format: MM slash DD slash YYYY When the project is complete, do you plan on refinancing or listing the property?If you are refinancing, please fill out the followingPlease provide the lenders contact informationHave you applied to refinance as of today? If no, what is causing the delay?When is the expected closing date? Date Format: MM slash DD slash YYYY Attach Insurance and Tax Information. Drop files here or Please attach updated Property Insurance Policy and Property Tax information in order to be eligible for an extension.
