tiktok成人版

Private Mortgage Contract for the United States

Private Mortgage Contract Template for United States

A Private Mortgage Contract is a legally binding agreement between private parties for property financing in the United States. This document establishes the terms and conditions of a mortgage loan, including interest rates, repayment schedules, and security interests in the property. It must comply with federal regulations such as TILA and RESPA, as well as applicable state lending laws and local recording requirements.

Your data doesn't train Genie's AI

You keep IP ownership聽of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Private Mortgage Contract

Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Private Mortgage Contract?

The Private Mortgage Contract serves as an alternative to traditional institutional lending, allowing individuals or private entities to provide property financing. This document is essential when structuring private real estate financing arrangements in the United States, detailing loan terms, security interests, and compliance with federal and state regulations. The contract typically includes property details, payment schedules, default provisions, and remedies, while ensuring adherence to usury laws and consumer protection requirements.

What sections should be included in a Private Mortgage Contract?

1. Parties: Identifies the lender and borrower with full legal names and addresses

2. Background: Explains the context of the loan and property acquisition

3. Definitions: Defines key terms used throughout the agreement including relevant legislative references

4. Loan Terms: Specifies principal amount, interest rate, term length, and payment schedule

5. Security Interest: Details the property serving as collateral and mortgage terms

6. Payment Terms: Outlines payment obligations, including due dates, methods, and late payment provisions

7. Default Provisions: Defines events of default and remedies available to the lender

8. Representations and Warranties: Statements of fact and promises made by both parties

9. Covenants: Ongoing obligations of the borrower throughout the loan term

10. Governing Law: Specifies applicable state law and jurisdiction

What sections are optional to include in a Private Mortgage Contract?

1. Prepayment Provisions: Terms and conditions for early loan payoff, including any prepayment penalties

2. Insurance Requirements: Detailed requirements for property insurance, title insurance, and other required coverage

3. Property Maintenance: Specific requirements for maintaining the mortgaged property

4. Assignment and Transfer: Terms governing the transfer or assignment of the mortgage by either party

5. Escrow Requirements: Terms for establishing and maintaining escrow accounts for taxes and insurance

What schedules should be included in a Private Mortgage Contract?

1. Schedule A - Property Description: Legal description of the mortgaged property including address and boundary details

2. Schedule B - Payment Schedule: Detailed amortization schedule showing payment breakdown over the loan term

3. Schedule C - Required Insurance: Detailed specifications for required insurance coverage

4. Schedule D - Initial Property Inspection: Baseline condition assessment of the property

5. Schedule E - Fee Schedule: Comprehensive list of all applicable fees and charges

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

United States

Cost

Free to use
Clauses


























Industries

Truth in Lending Act (TILA): Federal law requiring lenders to provide standardized disclosures about loan terms and costs, ensuring transparency in consumer credit transactions including mortgages

Real Estate Settlement Procedures Act (RESPA): Federal law governing real estate settlement processes, requiring disclosure of settlement costs and prohibiting kickbacks in real estate transactions

Equal Credit Opportunity Act (ECOA): Federal law prohibiting discrimination in lending based on race, color, religion, national origin, sex, marital status, age, or public assistance status

Fair Housing Act: Federal law prohibiting discrimination in residential real estate transactions, including mortgage lending, based on protected characteristics

Home Mortgage Disclosure Act (HMDA): Federal law requiring financial institutions to maintain and disclose data about their mortgage lending practices

Consumer Credit Protection Act: Federal law providing a comprehensive framework for consumer credit rights and lender obligations

Dodd-Frank Act: Federal law implementing financial reforms and establishing the Consumer Financial Protection Bureau, with specific provisions affecting mortgage lending

State Usury Laws: State-specific regulations that set maximum interest rates and govern other lending terms within the state's jurisdiction

State Mortgage Lending Regulations: State-specific rules governing mortgage origination, servicing, and enforcement within the state

State Real Property Laws: State laws governing real estate transactions, property rights, and title requirements

State Foreclosure Laws: State-specific procedures and requirements for mortgage default and foreclosure processes

State Recording Requirements: State and local rules for recording mortgages and related documents with appropriate government offices

State Consumer Protection Laws: State-specific regulations protecting consumers in financial transactions, including mortgage lending

Uniform Commercial Code (UCC): Standardized state laws governing commercial transactions, including secured transactions relevant to mortgages

Bankruptcy Laws: Federal and state laws affecting mortgage rights and obligations in bankruptcy proceedings

CFPB Regulations: Federal regulatory guidelines and requirements established by the Consumer Financial Protection Bureau for mortgage lending practices

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Shared Property Ownership Agreement

A U.S.-governed agreement establishing terms and conditions for shared property ownership between multiple parties.

find out more

Simple Real Estate Rental Agreement

A basic legal agreement for residential property rental in the United States, defining terms between landlord and tenant.

find out more

Unimproved Property Listing Agreement

A U.S. legal agreement between a property owner and real estate broker for the marketing and sale of undeveloped land.

find out more

Exclusive Listing Contract

A U.S. legal agreement granting a real estate broker exclusive rights to sell or lease a property for a specified period.

find out more

Rental Listing Agreement

A U.S.-compliant legal agreement between property owners and real estate agents for listing rental properties.

find out more

Simple House Contract

A basic residential property purchase agreement compliant with U.S. real estate laws.

find out more

Joint Ownership Agreement Residential Property

A U.S. legal agreement establishing rights and responsibilities between multiple parties who jointly own residential property.

find out more

Rental Property Contract

A legally binding US agreement between landlord and tenant establishing terms for property rental, conforming to federal and state housing laws.

find out more

Exclusive Seller Listing Agreement

A U.S. real estate contract granting exclusive rights to a broker to market and sell a property for a specified period.

find out more

Standard Listing Agreement

A U.S.-compliant contract between property owner and real estate broker authorizing the marketing and sale of property.

find out more

Limited Listing Agreement

A U.S. real estate contract establishing a non-exclusive relationship between property owner and broker for the listing and sale of property.

find out more

Commercial Land Contract

A U.S. legal agreement governing the sale and purchase of commercial real estate, outlining terms, conditions, and responsibilities of involved parties.

find out more

Real Estate Middleman Contract

A U.S.-governed agreement establishing terms for real estate professionals acting as intermediaries in property transactions.

find out more

Rent To Own Property Agreement

A U.S. legal agreement combining property rental terms with a future purchase option, governed by federal and state real estate laws.

find out more

Simple Property Lease Agreement

A U.S. legal document establishing terms for temporary property rental between landlord and tenant.

find out more

Standard Lease Agreement For House Rental

A legally binding U.S. residential rental agreement that establishes terms and conditions between landlord and tenant, compliant with federal and state housing laws.

find out more

Option To Purchase Property Agreement

A U.S. legal agreement granting the exclusive right to purchase specific property at a set price within an agreed timeframe.

find out more

Non Exclusive Listing Agreement

A U.S. real estate contract allowing multiple brokers to list and sell a property while defining commission terms and service obligations.

find out more

Lease Option Agreement Property

A U.S.-governed agreement combining property lease terms with a future purchase option, establishing rights and obligations for both landlord and tenant.

find out more

Land Deed Of Agreement

A U.S. legal document that transfers property ownership from one party to another, containing essential details of the transfer and complying with federal and state property laws.

find out more

Business Listing Agreement

A U.S.-governed agreement between a business owner and broker for the listing and sale of a business.

find out more

Real Estate Easement Agreement

A U.S. legal agreement establishing rights to use another's property for specific purposes, subject to state property laws.

find out more

Sellers Agreement

A U.S.-governed contract establishing terms and conditions for the sale of goods or services between a seller and buyer.

find out more

Buyer Exclusive Agreement

A U.S. real estate contract establishing exclusive representation rights between a buyer and their chosen real estate agent/broker.

find out more

Land Co Ownership Agreement

A U.S. legal agreement establishing rights and responsibilities between multiple owners of a single property.

find out more

Simple Commercial Lease

A standardized U.S. agreement for basic commercial property leasing arrangements between landlord and tenant.

find out more

Real Estate Partnership Buyout Agreement

A U.S. legal agreement governing the purchase of a departing partner's interest in a real estate partnership by remaining partners.

find out more

Property Sale Contract Between Seller And Buyer

A U.S.-governed legal agreement documenting the terms and conditions of a property sale between buyer and seller.

find out more

Private Home Sale Contract

A legally binding U.S. agreement for the transfer of residential property between private parties.

find out more

Commercial Office Space Lease Agreement

A legally binding agreement under U.S. law that governs the rental of commercial office space between a landlord and tenant.

find out more

No Home Sale Contract

A U.S. real estate contract removing the contingency of the buyer needing to sell their existing home before purchasing a new property.

find out more

Real Estate Reservation Agreement

A U.S. legal document securing a potential buyer's right to purchase a specific property within a defined timeframe.

find out more

Property Tenancy Agreement

A U.S.-governed legal agreement between landlord and tenant establishing terms for property rental and occupancy.

find out more

Joint Sale Agreement Property

A U.S. legal agreement between multiple property owners to jointly sell their property interests, outlining terms, conditions, and profit distribution.

find out more

Simple Land Contract Purchase Agreement

A legally binding agreement used in the U.S. for the purchase and sale of real property, outlining essential terms and conditions of the land transaction.

find out more

Rent To Own Property Contract

A U.S. legal agreement combining property rental and future purchase options, with rent payments potentially contributing to the purchase price.

find out more

Real Estate Purchase Agreement With Seller Financing

A U.S. legal agreement combining property sale terms with seller-provided financing arrangements, subject to federal and state real estate laws.

find out more

Personal Property Agreement

A U.S.-governed legal document establishing ownership rights and transfer conditions for personal property, subject to state laws and the UCC.

find out more

Lease Listing Agreement

A U.S. legal agreement between property owners and real estate agents for marketing and listing rental properties.

find out more

Earnest Money Contract

A U.S. real estate contract that establishes terms for property purchase and earnest money deposit handling, governed by state and federal laws.

find out more
See more related templates

骋别苍颈别鈥檚 Security Promise

Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it