Financial

Brokers, use this easy template to write a letter of interest and loan proposal to a client who needs a loan to capitalize its business.

• The broker would be given the exclusive mandate to source out conventional financing up to an agreed maximum amount.
• Upon agreeing to the terms, the client will pay the broker a retainer to cover expenses.
• The broker will be paid a commission that is a percentage of the total funds acquired.

You can use the Letter of Interest ⁄ Loan Proposal template as many times as you like. Purchase, download, personalize it with the details, print and sign - it's that easy.

Not all customers qualify for credit accounts. If you're turning down a customer's credit application you should notify them in writing.

• This form letter advises the customer that their application for a credit account has been rejected, due to a bad credit rating report.
• You can print the letter on your letterhead as a form letter, or personalize each copy as you need them.
• You can also copy and paste the body of the letter into an email template.

This easy-to-use Letter to Customer Denying Credit form is available in MS Word format. Other formats available upon request.

If you are offering a line of credit to a customer, secure your interest with this Line of Credit Promissory Note form.

• The Note allows for multiple advances, up to a specified maximum amount.
• Interest on the secured amount is simple interest, accruing monthly.
• The Note is secured by a mortgage on the Borrower's property.
• There is no prepayment penalty.
• This is a generic legal template which is not specifically written for any country, state or province.
• This form is provided in MS Word format and is easy to customize.

Document a loan transaction with this Loan Agreement and Note template for UK lenders.

• The Agreement contains alternative interest clauses, for either a fixed interest rate or for an interest-free loan, depending on the terms you have agreed upon.
• The Note can be paid in whole or in part without interest or penalty, except that any partial payments must be for at least a specified minimum amount.
• The loan becomes immediately due and payable upon any default by the borrower.
• The lender has the right to demand full repayment at any time upon proper written notice.
• Available in MS Word format.
• This agreement is governed by English law and is intended to be used only in the United Kingdom.

Prepare a Loan Agreement for a syndicated mortgage transaction with this template form for Canada.

• The syndicated mortgage is being offered as an investment opportunity to raise capital for development of the subject lands.
• Part of the loan advance will be set aside as security for repayment of the interest on the loan. The remainder of the loan proceeds will be used to purchase, develop, finance or refinance the land.
• Additional security for the loan includes the mortgage, an assignment of rents and leases, and a reserve fund.
• Interest accrues daily, is calculated quarterly in advance and is payable quarterly in arrears.
• Available as a fully editable Microsoft Word document.
• Intended for use only for transactions in Canada.

Canadian lenders can use this downloadable Loan and Charging Agreement to prepare loan documents for a borrower.

• The template includes both the Loan Agreement and a promissory note for the principal amount of the loan plus interest.
• The borrower agrees to register an encumbrance against title to real estate owned by the borrower, as collateral security for the loan.
• If the borrower defaults in repaying the loan, title to the property will be transferred to the lender.
• Available in MS Word format.
• Intended to be used only in Canada.

Under this Agreement, a lead lender (Seller) participates in one or more loans by transferring an undivided participation ownership interest in the loan to another lender (Buyer).

• The Buyer receives a percentage yield on its interest, plus a pro rata participation in any interest collected.
• The Seller is entitled to the remainder of the interest plus any default penalties, late charges, etc.
• The Seller will act as trustee with fiduciary duties to hold the participation ownership and legal title to the loans and receipts, and to make the required remittances.
• The Seller, as trustee, will retain all loan documents, mortgage notes, and related items.
• The Seller will continue to service the loans in the same manner as it services loans for its own account.
• Available as a fully editable MS Word template.
• Intended to be used only in the United States.

Are you loaning money or extending credit facilities to a customer or other party? Document your security interest as a creditor with this Loan Security Forms Package for Canadian lenders.

• The package contains the following forms:
  • General Security Agreement,
  • Unconditional Guarantee and Postponement of Claim,
  • Promissory Note to be executed by the borrower.
• Available in MS Word format.
• Intended to be used only in Canada.

If you are selling a real estate property in Louisiana, you can assist the buyer by carrying part or all of the purchase price with this Bond for Deed (also known as a land contract or purchase money mortgage).

• The Bond for Deed is not a sale contract or a transfer. It's basically an agreement to sell, meaning that the property will be conveyed to the buyer once all the terms and conditions have been fulfilled.
• In essence, the seller takes the place of a mortgage lender by allowing the buyer to pay off the purchase price of the real estate property over time.
• Once the final payment is made, the seller will provide the buyer with an executed warranty deed to transfer ownership of the property to the buyer.
• If the buyer fails to make the payments as set out in the agreement, the seller is entitled to keep all payments made and to take possession of the property. The seller is also entitled to keep all improvements made to the property by the buyer.
• This is a MS Word template form and is fully editable to fit your exact circumstances.
• Intended for use only in the State of Louisiana.

This Fixed Rate Mortgage template is for residential home loans in the State of Louisiana.

• Acceleration of the mortgage if the borrower defaults.
• Borrower's right to reinstate after acceleration.
• Lender's right to commence foreclosure proceedings after acceleration.
• Appointment of a keeper after seizure.
• Cancellation after payment in full of the mortgage loan.
• Waiver of homestead rights.
• Inclusion of servitude and component parts under the mortgage.
• Modification of certain provisions for community-owned property.
• Available in MS Word format.
• Intended to be used only in the State of Louisiana.