Review
This environmental risk survey form is a standard format that is utilized by many independent lenders throughout the Midwest as well as nationwide. It is comprised of a straightforward checklist with columns for responses by the lender, the owner, as well as any occupants of the property. The form includes a list of questions relating to the current environmental condition of a specific property with several references to adjoining properties. It also evaluates known history of any past questionable practices.
(Fannie Mae is a shareholder-owned company with the public mission of supporting the secondary mortgage market to ensure that mortgage bankers and other lenders have enough funds to lend to home buyers at low rates.)
