Products tagged with 'united states mortgage form'
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Multistate Condominium Mortgage Rider | USA
The USA Multistate Condominium Mortgage Rider should be attached to mortgage documents for single family condominiums.
- The Rider will become part of the mortgage or deed of trust and supplements the provisions of the loan document.
- The borrower agrees to perform all of the obligations under the Declaration, bylaws, and other documents governing the condominium property.
- The owners' association must maintain blanket property insurance and public liability insurance on the condominium project.
- Free downloadable Form 3140 from FreddieMac.com.
$0.00
Multistate PUD Mortgage Rider | USA
Attach this PUD Mortgage Rider to mortgages for single family residences that are part of a planned unit development (PUD).
- The Rider will become part of the mortgage or deed of trust and supplements the provisions of the loan document.
- The borrower agrees to perform all of its obligations under the Declaration, bylaws, and other documents governing the PUD property, and to pay all dues and assessments when they become due.
- The PUD owners' association must maintain blanket property insurance and public liability insurance on the condominium project.
- If the borrower fails to pay dues and assessments when they become due, the lender may pay them, and they will form part of the debt owed by the borrower.
- Form 3150 USA Multistate Planned Unit Development (PUD) Mortgage Rider is a free download from FreddieMac.com.
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Multistate Second Home Mortgage Rider | USA
This Second Home Mortgage Rider should accompany every mortgage on a single family residence which the borrower will use only as a second home (including vacation properties).
- Once it has been signed, the Rider becomes part of the mortgage or deed of trust and amends or supplements the provision of the main document.
- The property can only be used by the borrower as a second home, for the exclusive use of the borrower.
- The property must not be used for timesharing or any other form of shared ownership arrangement, and cannot be rented out.
- Free Fannie Mae / Freddie Mac Form 3890 available in PDF format.
$0.00
Purchase Agreement for Mortgage | USA
Use this Purchase Agreement to transfer a mortgage and promissory note from one lender to another.
- The agreement is conditional upon the buyer obtaining adequate funds to finance the purchase.
- The buyer will pay for all closing costs, including report and appraisal fees, title examination and insurance.
- If the seller cancels the agreement prior to closing, the seller must pay a cancellation fee, plus any costs incurred by the buyer.
- The seller indemnifies the buyer against any liability or expense arising from any inaccuracy or breach of any warranty or representation made by the seller.
- The seller sells and assigns the note and mortgage without recourse, and the seller assumes no responsibility or liability with respect to the mortgagor's financial performance.
- Available in MS Word format.
- The form can be used throughout the United States.
$17.99
Multistate Fixed Rate Note (Monthly) | USA
This Monthly Multistate Fixed Rate Note can be used to secure repayment of a mortgage almost anywhere in the United States.
- This is a promissory note. The borrower promises to repay the principal amount of the loan, plus interest at the specified rate.
- Payments will be made monthly and will be applied first to late charges (if any), then to accrued interest, and then to principal.
- The loan will accelerate if the borrower defaults, and the entire amount owing on the loan will become immediately payable, at the option of the lender.
- The Note can be used in conjunction with a mortgage, a deed of trust or a security deed.
- Available in MS Word format.
- Intended to be used onlyl within the United States.
$5.99
Balloon Mortgage and Security Agreement | USA
Prepare a Balloon Mortgage and Security Agreement for borrowers with this easy-to-use template.
- The entire unpaid balance of the mortgage loan and interest is due on the maturity date.
- The borrower (mortgagor) will pay all taxes, rates and assessments levied against the mortgaged property.
- The borrower must keep the mortgaged property insured for such risks and in such amounts as the lender may require.
- The borrower must get the lender's consent before making any alterations to the property, and must maintain the property in good condition and repair.
- If the borrower attempts to transfer all or any part of the property, the mortgage loan plus interest will immediately become due.
- The borrower waives all right of homestead exemption in the property.
- The mortgage will secure not only the borrower's existing debt to the lender, but any future advances made within 20 years of the date of the mortgage to the same extent as if they were made on the date of execution of the mortgage.
- This template is not state-specific. Some state laws require specific wording to be added to balloon mortgages. Check your state legislation online for details.
- Intended to be used only within the United States.
$29.99