If the lender is extending a loan of money to a borrower without requiring collateral, an unsecured note is the proper instrument to document the agreement. The parties should address issues related to payment terms, interest rate, late fees and prepayment penalties, among other issues. The document is signed by the borrower, but does not have to be filed of record. The lender should retain possession of the original Note, and return it marked “Paid in Full” upon full payment.
Documents to be prepared for you: "Follow-Through" Instructions, Unsecured Promissory Note. Price: $75.00
If you would like to proceed, please click here!
The following questions should be answered in order for us to prepare correct and enforceable documents:
Property Address: Property City: Property State: Property Zip Code:
A property is legally described not by an address but the lot/block in a platted subdivision, or by "Metes and Bounds" in unplatted parcels. Property is indexed and recorded in the public records only by the legal description, so this information is usually important in all enforceable real estate documents.
Lot , Block , Addition to the City of , County, Texas.
If property is not in a lot/block subdivision, but surveyed by "METES and BOUNDS", please locate the metes and bounds description on the back of your existing deed and either fax it to us at 817.737.7201 or upload at the bottom of this questionnaire. If you are unable to locate the legal description, check the box below.
Unable to locate legal description
Amount of Financing:
Interest Rate: %
Term: Years
Amortization (select one): Regular Amortization
Balloon
Interest only for months; amortized thereafter
Interest only for months; balloon thereafter
Late Charge: $ after th day
Prepayment Penalty: Yes No
Credit Approval Required: Yes No
OPTIONAL: Upload files to help the TLD staff create your documents.