Mortgage Forms
Before you lend money to someone to buy real estate, secure the loan with these downloadable, customizable Mortgage Forms.
According to Wikipedia.com, the word 'mortgage' is French for 'death contract'. As ominous as that may sound, it merely means that the charge against the land which was created by the mortgage ends (dies) when the debt that it secures is paid or, alternatively, if the property is foreclosed.
Few individuals or businesses can afford to buy real estate without getting a loan to fund the purchase. Because the amount being borrowed is so high, the only collateral of sufficient value that can adequately secure the repayment of the debt is the property itself.
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Saskatchewan Mortgage
If you are lending a large sum of money to a borrower, secure repayment of that loan with this Saskatchewan Mortgage which can be registered against the borrower's property.
- The borrower will repay the loan in regular instalment payments of blended principal and interest.
- The borrower must keep the property insured.
- The borrower releases all of its claim to the land to the lender until the mortgage has been repaid in full, however, the borrower may continue to remain in possession of the land so long as not in default under the terms of the mortgage.
- Interest is calculated half-yearly and is not payable in advance (meaning that it must be earned before it is payable).
- The borrower has the privilege of renewing the mortgage on any instalment payment date during the original term.
- The mortgage contains the required affidavits and consents under the Saskatchewan Homesteads Act, 1989.
Holding a mortgage is a good way to ensure that a debt is repaid. Add the Saskatchewan Mortgage to your shopping cart, check out, and download the form.
$29.99
South Carolina Contract for Deed
If you are selling a real estate property and your buyer cannot qualify for a mortgage, you can carry all or part of the purchase price under the terms of this Contract for Deed for South Carolina.
- A contract for deed (also called a purchase money mortgage) allows a buyer to pay over time, with the seller carrying the balance until the last payment is made. Under the terms of this Contract, you as seller effectively become the mortgage lender.
- Title will transfer to the buyer once payment in full of all principal and interest has been received by the seller.
- The seller has the right to take back the property if the buyer defaults in payment.
- 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.
- Intended to be used only in the State of South Carolina.
$17.99
South Carolina Mortgage
Take out a mortgage on a home in South Carolina with this fixed rate mortgage form.
- The mortgage form contains standardized uniform (multistate) covenants under federal mortgage regulations.
- It also contains additional covenants specific to South Carolina law, including provisions for foreclosure, discharge and release once the borrower has paid in full, and a waiver of appraisal rights in the event of a foreclosure.
- This is a standard type of mortgage for single family dwellings. Available in MS Word format.
$17.99
South Dakota Contract for Deed
If you are selling property in South Dakota to a buyer who can't qualify for a mortgage, you can carry all or part of the purchase price with this Contract for Deed.
- A contract for deed (or purchase money mortgage) allows a buyer to pay over time, with the seller carrying the balance until the last payment is made. The seller effectively becomes the mortgage lender for the balance of the purchase money.
- Title will transfer to the buyer once payment in full of all principal and interest has been received by the seller.
- The seller has the right to take back the property if the buyer defaults in payment.
- 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.
- Intended to be used only in the State of South Dakota.
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$17.99
South Dakota Mortgage with 180-Day Redemption
Take out a mortgage on a home in South Dakota with this 180-Day Redemption Mortgage.
- The mortgage form contains standardized uniform multistate covenants under federal mortgage regulations.
- It also contains additional covenants specific to South Dakota law, including provisions for foreclosure, waiver of homestead exemption, and an agreement that the mortgage will be subject to the One Hundred Eighty Day Redemption Mortgage Act.
- This is a standard type of mortgage for residential single family dwellings.
- Available in MS Word format.
- Intended to be used only in the State of South Dakota.
$17.99
South Dakota Statement of Occupancy
This Statement of Occupancy and Financial Status forms part of the documentation for a real estate purchase loan in South Dakota.
- The purchasers of the property must make the Statement and give it to the mortgage lender and to FHA, FNMA, FHLMC, or Department of Veterans Affairs (as applicable).
- The purchasers certify that they will occupy the property after closing.
- The purchasers also confirm that there has been no significant change to their financial status since their mortgage loan application.
The South Dakota Statement of Occupancy and Financial Status is a free form that you can download and fill in.
$0.00
Statement of Amount Owing on Mortgage | Canada
Download this free Statement of Amount Owing on Mortgage for Canadian mortgage lenders.
- This form is typically used when a mortgaged property is being sold and the mortgage is being paid out from the sale proceeds.
- The Statement sets out the principal and interest amounts owing up to the date of the statement, with a per diem thereafter, and the terms of repayment.
- This is a free downloadable MS Word document.
- Intended for use only in Canada.
$0.00
Tennessee Contract for Deed
Selling a real estate property in Tennessee but the buyers can't qualify for mortgage financing? You can finance all or part of the purchase price with this Contract for Deed.
- A Contract for Deed is also known as a purchase money mortgage or installment purchase contract.
- Under the terms of this Contract, the seller effectively becomes the mortgage lender for the balance of the purchase money.
- Title will transfer to the buyer once payment in full of all principal and interest has been received by the seller.
- The seller has the right to take back the property if the buyer defaults in payment.
- At your option, the balance can be repaid by monthly payments with or without interest until paid, or by monthly payments with interest for a fixed number of payments and a final balloon payment at the end.
- The form is in MS Word format and is fully editable to fit your exact circumstances.
- Intended to be used only in the State of Tennessee.
$17.99
Tennessee Deed of Trust
Transfer title of a real estate property in Tennessee from a seller to a trustee with this Tennessee Deed of Trust form.
- A Deed of Trust can be used in place of a mortgage in the sale and purchase of real estate (other than agricultural farm land).
- Title to the property is conveyed by the seller to a trustee instead of to the purchaser. The trustee holds the title as security for performance of the purchaser's obligations (including payment of the purchase price, maintenance and upkeep of the property, payment of taxes, etc).
- If the purchaser (borrower) defaults in payment, the balance becomes due and payable and the trustee may sell the property.
- The Deed of Trust contains uniform covenants regarding payments, funds for taxes and insurance, prior mortgages, hazard insurance, occupancy as principal residence, care and maintenance of the property, protection of the lender's security, and other standard clauses.
- The borrower waives all homestead exemptions or other statutory right or redemption in the property that he/she may be entitled to under State law.
$17.99
Texas Affidavit of No Liens - Entity
Prepare an Affidavit of No Liens for a corporation, organization or other entity that owns a real estate property with this free template form for Texas.
- The Affidavit must be sworn by a director, officer, or other person of authority within the entity, who has personal knowledge of the matters being attested to in the Affidavit.
- This form of affidavit is often required by mortgagees or title insurance companies as part of the real estate conveyance and transfer documentation.
- The affiant attests that the owner holds title to the property and:
- there are no liens against the property,
- there are no leases,
- all invoices for labor, services and materials for improvements have been paid in full,
- there are no legal actions, bankruptcy proceedings, or executions filed or pending against the owner, and
- the owner is not a debtor in bankruptcy.
- Available in MS Word format.
- Intended to be used only in the State of Texas.
$0.00