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.