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Multistate Biweekly Payment Rider | USA
Attach the Multistate Biweekly Payment Rider (Fixed Rate) to the mortgage document when a borrower wants to make the mortgage payments every two weeks instead of monthly.
- The Rider will become part of the mortgage or deed of trust and supplements the provisions of the loan document.
- The form sets out the amount of the biweekly payment, and the late charge that will be paid if a payment is not made in full when it is due.
- This Rider is for fixed rate mortgages on single-family homes in the United States.
- Download a free copy of the Fannie Mae/Freddie Mac Form 3177 Multistate Biweekly Payment Rider (Fixed Rate).
$0.00
Multistate Fixed Rate Note (Biweekly) | USA
Prepare a Promissory Note for a mortgage loan to be paid in biweekly payments with this USA Multistate Fixed Rate Note template.
- This form can be used in most U.S. states.
- The borrower promises to pay the principal amount of the loan, plus interest and any late charges or loan fees that the lender is allowed to charge.
- Loan payments will be made every two weeks and will be applied first to late charges (if any), then to accrued interest, and the remainder to pay down the principal.
- If the borrower fails to make the payments on time, the lender has the right to terminate the bi-weekly payments and demand that the payments be made on a monthly basis instead.
- The Note can be used as security for a loan in connection with a mortgage, a deed of trust or a security deed.
- Available in MS Word format.
$6.49