Form 8 (Fannie Mae Form 1005) Request for Verification of Employment - Texas

What Is Form 8 (Fannie Mae Form 1005)?

This is a legal form that was released by the Texas Department of Housing and Community Affairs - a government authority operating within Texas. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 8?
A: Form 8 is also known as Fannie Mae Form 1005 and it is a Request for Verification of Employment document.

Q: Who uses Form 8?
A: Lenders and mortgage companies use Form 8 to verify an applicant's employment status.

Q: What is the purpose of Form 8?
A: The purpose of Form 8 is to confirm an applicant's employment details, including job title, income, and employment history.

Q: Does Form 8 need to be notarized?
A: No, Form 8 does not require notarization.

Q: Can Form 8 be completed electronically?
A: Yes, Form 8 can be completed electronically.

Q: What information is typically required on Form 8?
A: Form 8 usually asks for the applicant's employer's name, address, and contact information, as well as the applicant's job title, income, and length of employment.

Q: Is Form 8 specific to Fannie Mae loans?
A: Yes, Form 8 is specific to Fannie Mae loans.

Q: Can Form 8 be used for self-employed individuals?
A: No, Form 8 is not intended for self-employed individuals. They may need to provide additional documentation for income verification.

Q: Is Form 8 required for every mortgage application?
A: Form 8 may be required for mortgage applications, but it depends on the lender's requirements and the type of loan being applied for.