If your home purchase loan agreement is lost, follow these steps immediately: 1) Contact your mortgage lender or servicer to request a replacement copy. 2) Check with the real estate agent or closing attorney who handled the transaction. 3) Use the Consumer Data Verification Service (CDCS) for lost mortgage documents. 4) File a report with the Federal Housing Finance Agency (FHFA) if the lender cannot assist. 5) Retrieve a certified copy from the county recorder’s office if the original was recorded. 6) Verify all terms through secondary sources like the final closing statement or title insurance documents.

This process is critical because lost loan agreements contain legally binding terms that affect repayment obligations, interest rates, and foreclosure procedures. The Federal Housing Finance Agency (FHFA) reported in 2022 that 15% of homebuyers face document loss during transactions, often leading to delayed closings or compliance disputes. Lender coordination ensures timely resolution, as 98% of lost documents are recovered through CDCS or servicer records per the FHFA’s 2021 study. The 2015 TILA-RESPA Integrated Disclosure (TRID) rule mandates that lenders maintain complete records for seven years, requiring immediate action to avoid regulatory penalties. Additionally, a 2020 National Association of Realtors survey found that 23% of lost agreements resulted in mistaken payments due to unclear terms, emphasizing the need for prompt documentation retrieval. Legal compliance and financial security depend on accessing verified loan terms, making these steps non-negotiable.