Products tagged with 'florida mortgage form'
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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 stipulates that if the borrower is in default under the note, the note holder has the option to demand repayment of the entire outstanding balance of principal and interest in 30 days.
- The Florida Fixed Rate Mortgage Note is a downloadable MS Word template. Convenient and easy to use.
$6.29
Florida Contract for Deed
You've found a buyer for your home, but they can't qualify for a conventional mortgage. If you can let them pay the purchase price over time, then this Florida Contract for Deed is for you.
- Under the Contract for Deed (or 'land contract'), the seller essentially becomes the mortgage lender. The buyer makes payments against principal and interest to the seller instead of to a bank.
- At the end of the agreed period of time, the remaining balance is payable in one balloon payment.
- If the buyer defaults, the seller has the right to terminate the agreement and take possession of the property. The buyer would forfeit all payments made.
- Available in MS Word format.
- Intended to be used only in the State of Florida.
$17.99
