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Fixed Rate Closed Term Mortgage | Canada
Prepare a Fixed Rate Closed Term Mortgage with this template form for Canada.
- Standard provisions of the mortgage include:
- Equal monthly payments of blended principal and interest (and taxes, if the lender requires).
- On default, the lender has the right to take possession of the property by distress warrant or by foreclosing on the property.
- The lender has the right to bring legal action to recover mortgage arrears and costs, plus interest and any other amounts owing.
- Available in MS Word format.
- This template can be used in most Canadian provinces except for Quebec.
$29.99
Mortgage Amending or Renewal Agreement | Canada
Amend or renew a mortgage on a residential property in Canada with this Mortgage Amending or Renewal Agreement.
- Any changes to the mortgage, and any renewal of the mortgage, must be done in writing and signed by both parties. The mortgagor (borrower) and mortgagee (lender) agree to renew the mortgage and amend the following provisions of the original loan:
- the term of the renewal period,
- the adjusted interest rate,
- the adjusted payment amount,
- the payment frequency (monthly, weekly, bi-monthly).
- NOTE: This is not a bank form. Each commercial lender has its own forms. This form is for privately placed mortgages.
- Available in MS Word format.
- Intended to be used only in Canada.
$6.49
Mortgage to Secure Commercial Loan | Canada
Secure a commercial loan to a business with this fully editable template mortgage form for Canadian lenders.
- The mortgage will be registered against the title to property owned by the borrower, to secure repayment of a commercial loan or other credit facility.
- Interest is calculated annually and payable semi-annually. Payments are made against combined principal and interest.
- The mortgage contains additional clauses for condominium properties.
- This downloadable legal template can be used in most provinces and territories of Canada except Quebec.
$29.99