MORTGAGE LOAN AGREEMENT (SHORT)
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At a Glance
A short (10 page) Mortgage loan agreement including clauses relating to:
· Fixed interest
· Variable interest
· Capitalisation of interest
· Further advances
· Collateral securities and agreements
· Guarantors
A Short-Form Mortgage Loan Agreement is essential for securing a loan using real property as collateral, while keeping the agreement concise and efficient, outlining key financial obligations, repayment structures, and security provisions. This agreement protects both lenders and borrowers by ensuring clear terms and reducing financial disputes.
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