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Colorado Mortgage Promissory Note
This Colorado Mortgage Promissory Note is part of the required documentation for every home loan.
- Payments. The mortgagor will make regular payments of principal and interest until the balance is paid in full.
- Interest is a fixed rate.
- Acceleration. The balance owing becomes due and payable immediately if the borrower defaults in making any payment.
- Late payments result in late charges being assessed, which are calculated as a percentage of the late payment.
- Prepayment. The borrower may prepay the loan either with or without penalty, at the lender's discretion when writing up the Note.
- Available in MS Word format, easy to download, fill in and print.
- Intended to be used only in the State of Colorado.
$6.49