PRE-LOAN AGREEMENT FORMS ONLY] [THIS AGREEMENT MUST BE REVIEWED BY LOCAL COUNSEL TO ENSURE ITS CONFORMITY WITH APPLICABLE LOCAL LAW BEFORE IT IS SUBMITTED FOR FREDDIE MAC’S EXECUTION.] [INSTRUCTIONS:] [1. THIS FORM MAY ONLY BE USED IN CONNECTION WITH...Pre-Loan Agreement • July 24th, 2020
THIS ASSUMPTION AGREEMENT (“Agreement”) is entered into effective as of the ______ day of ____________________, ______, by and among __________________________ (“Original Borrower”), ___________________________ (“New Borrower”), and the Federal Home Loan Mortgage Corporation, a corporate instrumentality of the United States ("Lender"), and is acknowledged and consented to by ________________ (“Original Guarantor”) [Add if appropriate: and _______________________ (“New Guarantor”)].
