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Updated 12 days ago on . Most recent reply

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Bonnie Smith
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Form Promissory Note for Seller Financing

Bonnie Smith
Posted

Is anyone willing to share a promissory note and related documents that they've used for seller financing? This would be for a land purchase, but I'd be happy to get documents for other asset classes. I know that every situation is different and the recommendation is to hire an attorney - this is just for my education. Thank you!

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Stephanie Medellin
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Mortgage Broker
  • California
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Stephanie Medellin
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Mortgage Broker
  • California
Replied

@Bonnie Smith  There are some samples here that you can browse: https://singlefamily.fanniemae.com/fannie-mae-legal-document...

These aren't meant for seller financing but may give you an idea of things that should be included.

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Stephanie Medellin, Loan Factory

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