Free Mortgage Document

Free mortgage documents refer to those legal documents which are used to get a loan from a financing company to buy a property for commercial or residential purposes. The owner of the property gives his own information and the details of the property (a plot of land or building) to the bank which is regarded as security or collateral for receiving a loan. Like any other loan, all mortgage documents must mention a rate of interest which is applicable to the loan amount and must be returned by the borrower. Commercial mortgage loans are used to finance commercial properties whereas residential mortgage documents are used to finance private ownership of residential properties.

Sample Free Mortgage Documents:

Free Mortgage Document

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