Products tagged with 'virginia mortgage form'
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Virginia Fixed Rate Note
This template is a fixed rate Promissory Note signed by a borrower in connection with a loan secured by the borrower's property. The form is for loans in Virginia.
- In addition to the Note, the borrower will execute a Deed of Trust, transferring the title deed to a trustee until the loan is repaid.
- The borrower will make monthly payments on the outstanding balance of the loan.
- If the borrower defaults in making the payments, the note holder has the right to accelerate the loan and demand repayment of the entire loan balance in 30 days.
- The borrower also promises to pay the note holder's costs in enforcing the Note, including reasonable attorneys' fees.
- The Virginia Fixed Rate Note is prepared in plain language so it is easy to understand.
$6.29
Virginia Contract for Deed
If you are selling a real estate property in Virginia, you can assist the buyer by carrying part or all of the purchase price with this Contract for Deed (or purchase money mortgage).
- 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 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.
- This is a MS Word template form and is fully editable to fit your exact circumstances.
- Intended for use only in the Commonwealth of Virginia.
$17.99
