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Mortgage Documents

Construction Loan Documents

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Purchase and Refinance Mortgage Documents
Construction Loan Documents
Assumption Agreement (Sample)

Under certain circumstances lenders will allow a borrower to assume a mortgage held by the lender. VA loans are assumable.... Read more

Claim of Lien (Sample)

A Claim of Lien is a validly recorded claim against the property for payment of the unpaid balance due... Read more

Construction Cost Estimate for Residential Construction

The residential construction cost estimate takes into consideration all of the expenses involved in building a home. Construction lenders require this estimate.... Read more

Construction Draw Schedule (Sample)

The residential construction loan draw schedule shows how the construction loan funds will be disbursed based on work completed.... Read more

Construction Loan Agreement (SAMPLE)

This construction loan agreement is between the builder, the home buyer and the mortgage lender. It specifies how the mortgage construction loan will be disbursed by the lender. ... Read more

Construction Loan Note Rider (SAMPLE)

Construction loan interest rates typically adjust during construction. This rider describes how those adjustments are made based on prime rate.... Read more

Construction Perm Mortgage Loan Description (Sample)

Mortgage lenders have internal descriptions of each type of loan they offer. These descriptions offer intense detail of the actual loan product.... Read more

Disbursement of Funds (Sample)

The Disbursement of Funds document outlines the procedures to be followed for construction loan draw requests.... Read more

Final Release of Liens (Sample)

Upon completion of construction and before final payment is made to the builder, the lender will require a final release of lien, which is sworn affidavit saying all sub contractors have been paid in full.... Read more

Note and Mortgage Modification Agreement

Mortgage can be modified as to terms and interest rates. Such modifications are often used to convert construction loans to permanent mortgage loans.... Read more

Notice of Commencement Construction Mortgage (SAMPLE)

This form is used in some states as notice to sub-contractors of commencement of work on the residential construction project and the name of the contractor and owners.... Read more

Notice of Contest of Lien (Sample)

Sample of Notice of Contest of Lien... Read more

Notice to Owner (Sample)

Once you receive a Notice to Owner from a sub contractor, your contractor must provide your lender with a "Release of Lien" before construction funds will be disbursed.... Read more

Partial Waiver of Lien and Release (Sample)

A partial release of lien is required for any subcontractor who has filed a "Notice to Owner" during the course of construction.... Read more

Residential Construction Specifications (Sample)

Construction loan specifications detail the materials to be used in the construction of a house.... Read more