Oklahoma
Download these easy-to-use standard Oklahoma Mortgage Forms and simplify the process.
The Oklahoma Secure and Fair Enforcement for Mortgage Licensing Act governs licensing and compliance of brokers, lenders and loan originators in the State. All licensing is done through the Nationwide Mortgage Licensing System.
Mortgage brokers are responsible for ensuring that all loan originators they work with hold a valid license. Mortgage loan originators include any person who is paid for taking an application for, or negotiating or changing the terms of, a residential mortgage loan.
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Oklahoma Contract for Deed
If you are selling a real estate property in Oklahoma, you can assist the buyer by carrying part or all of the purchase price with this Contract for Deed.
- A contract for deed (or purchase money mortgage) allows a buyer to pay over time, with the seller carrying the balance until the last payment is made.
- The buyer can take possession and live in the home but doesn't own it. Once the price is paid in full, including any agreed interest, the seller conveys title to the buyer.
- You can only use the land contract for selling a property that has a home on it. You can't use this contract to sell bare land.
- If the buyer defaults under the contract, the seller has the right to repossess the property and keep all payments made as liquidated damages.
- The template includes a Lead Paint Disclosure, as required by federal laws.
- Intended for use only in the State of Oklahoma.
$17.99
Oklahoma Mortgage
Place a mortgage on a residential property with this Oklahoma fixed rate mortgage form.
- The mortgage form contains both uniform (multistate) covenants and non-uniform covenants for foreclosure, discharge of the mortgage when paid in full, and a waiver of homestead exemption pursuant to Oklahoma law.
- The mortgage secures the lender's position in connection with a loan and a promissory note signed by the borrower.
- This is a downloadable and fully editable legal template for single family dwellings.
- This is a standard legal form template in MS Word format.
- Intended for use in the State of Oklahoma.
$17.99
