Customers who bought this item also bought
Michigan Residential Mortgage
Secure a loan on a residential single-family home in Michigan with this fixed rate mortgage template.
- The mortgage form contains the standard uniform covenants under federal mortgage lending regulations.
- It also contains additional provisions required by Michigan laws, including acceleration and sale clauses, and release and discharge of the mortgage by the lender when it is paid in full.
- The mortgage secures repayment of the loan in conjunction with a promissory note signed by the borrower.
- This standard form legal template is downloadable and reusable.
- The form is available in MS Word format.
- Intended for use only in the State of Michigan.
$17.99
Wisconsin Fixed Rate Mortgage Note
Wisconsin mortgage lenders can prepare a promissory note for a mortgagor to sign with this template Fixed Rate Mortgage Note.
- The borrower will repay the loan by making monthly payments against the principal balance, plus accrued interest.
- If on the maturity date there is still a balance outstanding, the borrower will pay the entire balance at that time.
- The note holder has the right to accelerate the loan if the borrower defaults in making payments, and the entire loan balance will become due and payable.
- The Wisconsin Fixed Rate Mortgage Note is a downloadable legal form template written in plain English so it is easy to understand.
$6.29
Line of Credit Promissory Note
If you are offering a line of credit to a customer, secure your interest with this Line of Credit Promissory Note form.
- The Note allows for multiple advances, up to a specified maximum amount.
- Interest on the secured amount is simple interest, accruing monthly.
- The Note is secured by a mortgage on the Borrower's property.
- There is no prepayment penalty.
- This is a generic legal template which is not specifically written for any country, state or province.
- This form is provided in MS Word format and is easy to customize.
$5.99
Wisconsin Contract for Deed
If you are selling property in Wisconsin to a buyer who can't qualify for a mortgage, you can carry all or part 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 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.
- Available in MS Word format.
- Intended to be used only in the State of Wisconsin.
$17.99
Mortgage Note | USA
This Promissory Note form is for loans that are backed by a mortgage against the borrower's real property.
- You can use the template in any U.S. state.
- There is no prepayment penalty or premium if the borrower prepays the loan in whole or in part.
- If the borrower defaults under the note or the mortgage, the borrower promises to pay interest at the highest rate allowed by law.
- The borrower will pay any collection costs incurred by the lender, including reasonable legal fees.
- Intended to be used only in the United States.
- Available in MS Word format.
$12.49