How are rider documents selected?

A Wolters Kluwer mortgage or deed of trust does not require a rider. The terms of the transaction are not hard coded into our proprietary document, so the rider is not needed to amend our security instrument. Riders are generally used with Fannie Mae/Freddie Mac security instruments and are general practice of FNMA/FHLMC transactions and are not legal or regulatory required with Wolters Kluwer proprietary documents.

With that said, on the Loan Definition page, if the Type of Mortgage is In-house Document, riders are not applicable or available in the transaction.

Only when the Type of Mortgage is not In-house Document will riders be available in the transaction. ComplianceOne mortgage provides a variety of riders depending on the characteristics of the transaction. If you are looking for a specific rider, check the transaction characteristics to verify whether the rider would apply.

For example:

• A PUD Rider would only apply when PUD is added as the collateral.
• A Condominium Rider would only apply when Condo is added as the collateral.
• A Non-Owner Occupancy Rider would only apply when the Occupancy Status Type is not Primary Residence.