Florida Balloon Mortgage


Florida lenders, prepare a Balloon Mortgage for borrowers with this easy-to-use 17-page template.

  • The mortgage contains uniform covenants with respect to payment of principal and interest, taxes and insurance, prior mortgages, preservation of the property, acceleration and remedies on default, and other standard mortgage clauses.
  • The mortgage and note securing the mortgage may be sold without prior notice to the borrower.
  • The mortgage form includes a Rented Property Addendum to be used if the mortgaged property is rental property.

This Florida Balloon Mortgage template is in MS Word format, and is fully editable. You can download the digital file right after purchasing it.

Download Type: Microsoft Word
SKU: 7844
Last Updated: 14-Apr-2016
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Florida Balloon Mortgage Note

Florida mortgage lenders, prepare a Mortgage Note to secure a balloon mortgage with this easy-to-use template.

  • Under this form of Mortgage Note, the borrower agrees to make monthly payments against the secured amount, until the date of the final payment which will be a balloon payment.
  • On the final payment date, the entire balance of principal and interest outstanding is due.
  • The Note is secured by a mortgage on the borrower's property.

Florida Fixed Rate Mortgage Note

If you're funding a loan to a friend or family member which will be secured by a mortgage, you will also need to have them sign this Fixed Rate Promissory Note for Florida.

  • The Note provides for equal monthly payments of principal and interest up until the maturity date, at which time any unpaid balance will be paid in full.
  • The borrower agrees to pay a late charge on any payment that is not made when it is due.
  • There is an acceleration clause which stipulat.....