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.
Last Updated: 14-April-2016