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.
Document Type: Microsoft Word
Last Updated: 03-November-2024
SKU: 368
$0.00
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Mortgage Amending or Renewal Agreement | Canada

Amend or renew a mortgage on a residential property in Canada with this Mortgage Amending or Renewal Agreement.

  • Any changes to the mortgage, and any renewal of the mortgage, must be done in writing and signed by both parties. The mortgagor (borrower) and mortgagee (lender) agree to renew the mortgage and amend the following provisions of the original loan:
    • the term of the renewal period,
    • the adjusted interest rate,
    • the adjusted payment amount,
    • the payment frequency (monthly, weekly, bi-monthly).
  • NOTE: This is not a bank form. Each commercial lender has its own forms. This form is for privately placed mortgages.
  • Available in MS Word format.
  • Intended to be used only in Canada.
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Fixed Rate Closed Term Mortgage | Canada

Prepare a Fixed Rate Closed Term Mortgage with this template form for Canada.

  • Standard provisions of the mortgage include:
    • Equal monthly payments of blended principal and interest (and taxes, if the lender requires).
    • On default, the lender has the right to take possession of the property by distress warrant or by foreclosing on the property.
    • The lender has the right to bring legal action to recover mortgage arrears and costs, plus interest and any other amounts owing.
  • Available in MS Word format.
  • This template can be used in most Canadian provinces except for Quebec.
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