Minnesota
Get convenient downloadable Mortgage Forms for property in the State of Minnesota.
- Minnesota uses the Nationwide Mortgage Licensing System (NMLS). All mortgage loan originators, residential mortgage originators, and residential mortgage servicers must be licensed.
- Banks and credit unions that are subject to federal regulations do not need licenses.
- Applicants do not need to have an office in Minnesota in order to provide mortgage or credit facilities within Minnesota.
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Minnesota Contract for Deed
Sell a real estate property to a buyer over time under the terms of this Minnesota Contract for Deed.
- Under the terms of this Contract (also known as a land contract), the seller in essence becomes the mortgage lender by allowing the purchaser to pay off the purchase price over time.
- Once the purchaser has paid all of the remaining balance, plus interest, the seller will transfer ownership of the property to the purchaser.
- If the purchaser fails to make the payments, the seller has the right to take back the property and keep all of the money that the purchaser has paid, as liquidated damages.
$17.99
Minnesota Residential Mortgage
Register this Residential Mortgage against a Minnesota real estate property as security from the homeowner for a home equity loan.
- The mortgage form contains the standard uniform covenants under federal mortgage lending regulations.
- It also contains additional provisions required under Minnesota law, such as acceleration and sale clauses and waiver of homestead exemption to ensure that the borrower cannot protect the property against sale by the lender if the borrower defaults.
- The mortgage secures repayment of the loan in conjunction with a promissory note signed by the borrower.
- Add the form to your shopping cart and go through the checkout. You can download the digital file as soon as you've paid.
- Available in MS Word format.
- Intended to be used only in the State of Minnesota.
$17.99
