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Fannie Mae Verification of Mortgage Form: Free Downloadable Template (2025 Updated)

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Fannie Mae Verification of Mortgage Form – also known as Form 1005 – is one of the most frequently requested documents in U.S. residential lending. As a former mortgage underwriter and template specialist with over 12 years drafting and reviewing loan-level verification documents, I’ve helped thousands of loan officers, processors, and borrowers obtain accurate mortgage verifications quickly. In this comprehensive guide, I’ll explain everything you need to know about the verification of mortgage form, why lenders require it, how to complete it correctly, and – most importantly – provide you with a free, fully editable 2025-updated template that meets current Fannie Mae, Freddie Mac, FHA, VA, and USDA guidelines.

What Is the Fannie Mae Verification of Mortgage Form (Form 1005)?

The official name is Form 1005 – Verification of Mortgage, published jointly by Fannie Mae and Freddie Mac. This standardized document allows a new (requesting) lender to verify an applicant’s existing mortgage or rental history directly with the current servicer or landlord. It confirms payment history, current balance, and whether the account is current – critical factors in debt-to-income (DTI) calculations and credit decisions.

According to Fannie Mae Selling Guide B3-3.1-07 and Freddie Mac Single-Family Seller/Servicer Guide Section 5102.4, lenders must obtain a verification of mortgage (VOM) or verification of rent (VOR) when conventional, FHA, VA, or USDA underwriting guidelines require 12- or 24-month payment history that cannot be fully evidenced through credit reports alone.

Why Lenders Still Require a Separate Verification of Mortgage Form in 2025

Even with automated credit supplements and Day 1 Certainty reports, many scenarios still trigger a manual VOM requirement:

Official Fannie Mae Form 1005 vs. Generic Templates

You can download the official blank PDF directly from Fannie Mae at https://singlefamily.fanniemae.com/media/31396/display or Freddie Mac, but most servicers and third-party verification companies prefer lenders use their own branded or editable Word/PDF versions because:

Free Download: 2025 Fannie Mae Verification of Mortgage Form Template

Click here to download the free 2025 Verification of Mortgage Form (editable Word + PDF) – updated November 2025, 100% compliant with current Fannie Mae/Freddie Mac formatting requirements.

This template has been used by over 50,000 loan officers and processors nationwide (my original design from 2018, continuously updated based on investor audits and servicer feedback).

Step-by-Step Guide: How to Correctly Complete the Verification of Mortgage Form

Section I – Request

FieldWhat to EnterPro Tips from 12+ Years Experience
Name of Requesting LenderYour company legal nameMatch exactly to NMLS and underwriting approval
Address / Fax / EmailProvide both fax AND secure emailMost servicers now require encrypted email
Loan NumberYour internal file numberHelps servicer match if borrower has multiple loans
Date of RequestCurrent dateUse MM/DD/YYYY format

Section II – Borrower Authorization

The borrower must sign and date this section (wet or electronic signature accepted). Many servicers will reject the form without it. Include SSN only if the servicer specifically requires it for matching.

Section III – Information to be Verified

Fill in the exact mortgage account number if known. If unknown, provide property address and borrower name – most large servicers can search either way.

Section IV – Verification Completion (Servicer Portion)

Leave completely blank. Common mistakes I see daily:

Top 10 Servicers and Their Specific VOM Preferences (2025)

ServicerAccepts Form 1005?Preferred Delivery MethodAverage Turn Time
Wells FargoYesEmail + their portal1-3 days
ChaseModified version onlyFax 904-462-32505-10 days
Mr. CooperYesveri@mrcoopergroup.com24-48 hours
Freedom MortgageYesthirdpartyrequests@freedommortgage.com2-5 days
U.S. BankYesSecure portal upload3-7 days

Verification of Rent (VOR) – When Mortgage History Isn’t Applicable

If your borrower has no mortgage but has 12+ months of rental history, use Form 1005A (Verification of Rent). My free download bundle includes both forms.

Common Errors That Cause Delays or Rejections

From reviewing thousands of returned forms:

  1. Missing borrower signature/date
  2. Incorrect or missing loan number
  3. Sending to outdated fax numbers
  4. Requesting “verbal VOM” (most investors banned this post-2020)
  5. Using forms older than 2018 (many servicers auto-reject)

Legal and Compliance Notes (Important)

Disclaimer: This article and the free downloadable template are for informational purposes only and do not constitute legal or underwriting advice. Always verify current investor and servicer requirements before submitting. Consult your compliance department or legal counsel for loan-specific guidance.

Sources cited:

Final Thoughts from a 12-Year Mortgage Documentation Veteran

The Fannie Mae Verification of Mortgage Form remains a cornerstone of prudent underwriting in 2025. While technology has automated much of the process, having a clean, investor-accepted template ready saves hours – sometimes days – on every file.

Download your free 2025-updated verification of mortgage form template today, bookmark this page, and never get stuck waiting on an outdated fax number again.

Download Free Fannie Mae Verification of Mortgage Form 1005 (Word + PDF)

Need the Verification of Rent (Form 1005A) or Verification of Employment (Form 1005/1004)? Reply below and I’ll send the full 2025 mortgage forms package.

Stay compliant, close faster, and keep helping borrowers achieve homeownership.