USA Mortgage Forms

This Contract for Deed form allows the seller of a property in Alabama to assist the buyer by carrying part or all of the purchase price.

• The seller effectively becomes the mortgage lender for the balance of the purchase money.
• When the seller has received payment in full of the principal and interest, title to the property will be transferred over to the buyer.
• The seller has the right to take back the property if the buyer defaults on the payments.
• 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.
• Available in MS Word format.
• This legal form is intended to be used solely within the State of Alabama.

Alabama mortgage lenders can use this comprehensive template to prepare a mortgage to secure a loan for purchasing a property.

• Uniform Covenants: mortgage payments, taxes and insurance, prior charges on the land, hazard insurance, occupancy as principal residence, care and maintenance of the property, protection of the lender's security, etc.
• False Information. If the borrower gave any false or misleading information on the loan application, the borrower will be in default.
• Default. If the borrower breaches any provision of the agreement and fails to cure the breach, the entire amount of the indebtedness will become due and payable, and the lender may invoke its power to sell the property.
• Homestead. The borrower waives all homestead exemptions.

Alaska is a deed of trust state, and mortgage lenders use this Deed of Trust instead of a mortgage to secure home purchase loans.

• The Deed of Trust conveys title to the property to a third party trustee (often a title company), and not to the borrower.
• The trustee holds the title as security for the loan, to make sure that the borrower makes payments on time and performs its other obligations under the loan agreement and Note.
• If the borrower defaults under the loan agreement or Note, the trustee has the authority to sell the property on behalf of the lender.
• The Deed of Trust contains uniform covenants as well as State-specific non-uniform provisions covering non-judicial foreclosure and power of sale, and the lender's right to demand full payment for repeated breaches.
• The Alaska Deed of Trust form can be re-used for each mortgage loan your office approves. Buy and download the template now.

This template fixed rate Mortgage Note for Alaska is easy to use and understand.

• The borrower will make regular monthly payments to the lender until the maturity date, at which time the balance of the loan will be payable.
• The borrower can prepay some or all of the principal at any time without paying a penalty or prepayment fee. The borrower cannot make a prepayment if any regular payments are outstanding.
• The lender can sue the borrower and obtain a personal judgment for satisfaction of any outstanding amounts, either before or after foreclosure on the property.
• Available in MS Word format.
• Intended to be used only in the State of Alaska.

Because Arizona is a title theory state, mortgage lenders use a Deed of Trust instead of a mortgage to secure repayment of a home buyer's loan.

• Under the Deed of Trust, title to the property is transferred to a trustee (often a title company) who holds it until the borrower has repaid the entire amount of the loan, accrued interest, and any charges associated with the loan.
• If the borrower breaches the Deed of Trust, the lender gives written notice to the borrower specifying what must be done to cure the breach prior to accelerating repayment of the debt.
• If the breach is not remedied, the lender can invoke its power of sale.

The Arizona Deed of Trust template contains standard uniform covenants and State-specific provisions. Buy and download the form and you can use it as often as your business requires.

This Contract for Deed form allows the seller of a property in Arkansas to assist the buyer by carrying part or all of the purchase price.

• The seller effectively becomes the mortgage lender for the balance of the purchase money.
• When the seller has received payment in full of the principal and interest, title to the property will be transferred over to the buyer.
• The seller has the right to take back the property if the buyer defaults on the payments.
• 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.
• Available in MS Word format.
• This legal form is intended to be used solely within the State of Arkansas.

Secure a loan for a residential property with this Arkansas Fixed Rate Mortgage.

• The mortgage template contains both uniform (multistate) covenants and non-uniform covenants specifically for the State of Arkansas.
• The mortgage is given as additional security for a loan under a promissory note signed by the borrower.
• The debt secured by the mortgage includes interest and any additional prepayment or late payment charges payable by the borrower.
• This mortgage form is a downloadable and fully editable digital template in MS Word format.
• Intended to be used only in the State of Arkansas.

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.

When a loan on a property secured by a Deed of Trust is paid back in full, the title must be transferred back to the owner under this California Deed of Reconveyance.

• The provisions of the Deed of Trust require the lender to transfer the title from the trustee back to the borrower, but the borrower is usually responsible for paying the costs of the conveyance.
• The digital file includes a Request for Reconveyance form which the lender uses to instruct the trustee to reconvey the title back to the owner.
• The property is transferred back to the owner without warranty.
• Available in MS Word format.
• Intended to be used only in the State of California.

This California Deed of Trust is based on the Fannie Mae / Freddie Mac form and contains all the required standard and non-standard covenants and provisions.

• A Deed of Trust takes the place of a mortgage in California and is used to secure repayment of a home loan.
• Title to the property is transferred to a neutral third party trustee, who holds the title until the loan is paid or the borrower defaults in payment.
• If a borrower breaches the terms of the Deed of Trust and, after receiving written notice of the breach from the lender, has failed to remedy the breach, the lender can accelerate repayment of the balance owing plus costs.
• The lender has the right to invoke a power of sale and have the trustee sell the property at public auction to the highest bidder.
• Available in MS Word format.
• Intended to be used only in the State of California.