Products tagged with 'massachusetts mortgage form'

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Massachusetts Residential Mortgage

Secure a home loan for a Massachusetts real estate property with this standard form Residential Mortgage template.

  • The Mortgage contains all the uniform standard covenants and provisions required under U.S. federal mortgage lending laws.
  • The form also includes non-uniform provisions in accordance with Massachusetts law, such as statutory power of sale on default by the borrower.
  • The borrower waives all homestead exemptions and dower rights in the property.
  • Available in MS Word format.
  • Intended to be used in the Commonwealth of Massachusetts.
$17.99

Massachusetts Contract for Deed

This Massachusetts Contract for Deed form offers buyers and sellers an alternative to traditional mortgage financing for the purchase of a residential property.

  • The seller basically takes on the role of the mortgage lender, and the buyer makes monthly payments against the purchase price.
  • Interest accrues on the unpaid balance.
  • If the buyer defaults in making payments or in performing its other obligations under the contract, the seller must serve notice of the default with a date by which the breach must be cured.
  • If the breach is not cured within the allotted time, the seller can retake possession of the property. All of the payments made by the buyer would then be forfeited.
  • The template is available in MS Word format.
  • Intended to be used only in the Commonwealth of Massachusetts.
$17.99