Canadian mortgage lenders, prepare a Balloon Mortgage Promissory Note with this downloadable template.
- The borrower agrees to make monthly payments against the secured amount, until the date of the final payment.
- The final payment will be a balloon payment in full of the entire balance of principal and interest outstanding at the maturity date.
- The Note is secured by a mortgage on the borrower's property.
This Canada Balloon Mortgage Promissory Note template is in MS Word format, and is easy to download, edit and print.