Ohio
Download the forms you need to place a mortgage on a real estate property with these customizable Ohio Mortgage Forms templates.
- All mortgage broker licenses are issued through the National Mortgage Licensing System. Second mortgage lenders are regulated by the Ohio Division of Financial Institutions in accordance with the Mortgage Loan Act.
- The Division periodically administers examinations to ensure compliance with federal and state lending laws.
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Ohio Installment Land Contract
Are you selling a home to a buyer and financing all or part of the purchase price through owner financing? Then you need this Ohio Installment Land Contract.
- An installment contract is also called a Contract for Deed, because at the end of the contract when the buyer has paid all of the amounts due under the contract, the seller transfers the title deed to the buyer.
- This type of contract is often used when selling property to a family member.
- You can only use the land contract for selling a property that has a home built on it, or a mobile home which is attached to the property. You can't use this contract to sell bare land.
- If the buyer fails to keep up the payments or does not perform any of its other obligations, the seller can repossess the property and keep all payments made as liquidated damages.
- The template includes a Lead Paint Disclosure, as required by federal laws.
- Intended to be used only in the State of Ohio.
$17.99
Ohio Residential Mortgage Form
Write up a Residential Mortgage to secure repayment of a home purchase loan with this fully editable template for Ohio mortgage lenders.
- Mortgage payments will be made in regular periodic instalments of blended principal and interest.
- Unpaid interest becomes part of the principal and bears interest at the mortgage rate.
- The mortgagor must pay all taxes and levies assessed against the property.
- The mortgagor must keep the property insured in an amount and to an extent approved by the mortgagee.
- Contains an acceleration upon default provision, which states that if the mortgagor defaults in any of its obligations, the entire amount of the indebtedness will become immediately due and payable, and the lender may foreclose and sell the property.
- Available as a downloadable MS Word template.
- Intended to be used only in the State of Ohio.
$19.99