Arkansas
Secure a loan with a mortgage against real property with these downloadable Mortgage Forms for Arkansas.
The Arkansas Securities Department licenses mortgage brokers, lenders and servicers through the Nationwide Mortgage Licensing System. They also handle complaints from consumers with respect to mortgage loans.
Arkansas law does not impose an upward limit on mortgage interest rates. The Securities Department will not regulate the interest rate unless a court deems it to be usurious or the rate appears to be in violation of federal or state law.
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Arkansas Contract for Deed
This Contract for Deed form allows the seller of a property in Arkansas to assist the buyer by carrying part or all of the purchase price.
- The seller effectively becomes the mortgage lender for the balance of the purchase money.
- When the seller has received payment in full of the principal and interest, title to the property will be transferred over to the buyer.
- The seller has the right to take back the property if the buyer defaults on the payments.
- At the seller's option, the balance can be repaid by monthly payments with or without interest until paid, or monthly payments with interest for a fixed number of payments with a balloon payment at the end to pay out the balance.
- Available in MS Word format.
- This legal form is intended to be used solely within the State of Arkansas.
$17.99
Arkansas Fixed Rate Mortgage
Secure a loan for a residential property with this Arkansas Fixed Rate Mortgage.
- The mortgage template contains both uniform (multistate) covenants and non-uniform covenants specifically for the State of Arkansas.
- The mortgage is given as additional security for a loan under a promissory note signed by the borrower.
- The debt secured by the mortgage includes interest and any additional prepayment or late payment charges payable by the borrower.
- This mortgage form is a downloadable and fully editable digital template in MS Word format.
- Intended to be used only in the State of Arkansas.
$17.99
