The Purpose of Mortgage Riders

by Mallory Malesky ; Updated July 27, 2017
Mortgage riders explain special circumstances.

Although the term “mortgage” is closely associated with the monthly payment on a home, a mortgage is actually a legal document. The mortgage acts as a contract between the mortgagee and the mortgage company to explain the terms and conditions of the loan. In some cases, mortgage riders are included to further explain special circumstances.


The mortgage rider acts as an addendum to the mortgage, or deed of trust, document. It further documents a situation or clause not found in the mortgage document itself.


A mortgage rider is often required when financing a property other than a single-family home. For instance, a rider is required for a condominium home. Riders are also used for special loans, such as a VA home loan.

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The mortgage rider typically consists of three to five pages that explain the special terms. The rider is signed by the mortgagees and attached to the mortgage document. It should be recorded along with the mortgage at the county clerk’s office.


Not all mortgages are accompanied by a rider. On the other hand, some mortgage loans require two or three riders to fully explain the terms.


Any rider should be considered an extension of the mortgage. Any terms of usage documented in the rider are considered part of the contract of the mortgage. Failure to comply with these terms may result in a lien being placed on your property.

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