Get the free Form 45 – Lock Extension Request - phfa
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This form is obsolete as of April 1, 2013 and is no longer in use for extension requests.
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How to fill out form 45 lock extension
How to fill out Form 45 – Lock Extension Request
01
Obtain a copy of Form 45 – Lock Extension Request from the official website or your lender.
02
Fill in your personal details at the top of the form, including your name, address, and contact information.
03
Provide details about your original loan application, including loan amount and property address.
04
Indicate the current lock-in period and the requested extended lock period.
05
Sign and date the form to certify that all the information provided is accurate.
06
Submit the completed form to your lender either by mail or electronically, as per their guidelines.
Who needs Form 45 – Lock Extension Request?
01
Borrowers who have a mortgage application in process and wish to extend their locked interest rate.
02
Individuals facing delays in their loan approval or closing process due to unforeseen circumstances.
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What is Form 45 – Lock Extension Request?
Form 45 – Lock Extension Request is a document used to request an extension of the lock-in period for a specific investment or agreement, allowing the individual or organization additional time before they can access or alter their locked assets.
Who is required to file Form 45 – Lock Extension Request?
Those who have investments or agreements subject to a lock-in period and wish to extend that period must file Form 45 – Lock Extension Request. This typically includes investors, participants in a financial program, or stakeholders in a real estate transaction.
How to fill out Form 45 – Lock Extension Request?
To fill out Form 45 – Lock Extension Request, one must provide personal or organizational details, specify the original lock-in period, state the reason for the extension, and indicate the desired new lock-in period, along with any required signatures or certifications.
What is the purpose of Form 45 – Lock Extension Request?
The purpose of Form 45 – Lock Extension Request is to formally request additional time to keep assets locked, which can prevent premature access or withdrawal, ensuring the investment strategy or agreement's terms are upheld.
What information must be reported on Form 45 – Lock Extension Request?
Information required on Form 45 – Lock Extension Request includes the name and contact details of the requester, details of the original lock agreement, justification for the extension, requested new lock-in dates, and any necessary signatures.
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