Get Seller Assisted Loan Participation Program Commitment Form - Mda State Mn

Filling out the Seller Assisted Loan Participation Program Commitment Form is a crucial step for sellers who wish to participate in the financing of a property sale. This guide provides clear, step-by-step instructions to help you navigate the form effectively online.

Follow the steps to complete your form online with ease.

1. Press the ‘Get Form’ button to acquire the Seller Assisted Loan Participation Program Commitment Form and open it for editing.
2. In Part 1, provide your name and contact information as the seller. If there are multiple sellers, include all relevant names and details.
3. Circle 'T' for true or 'F' for false for each statement regarding your understanding of the RFA Seller Assisted Loan Participation Program. Ensure you review each statement carefully.
4. Move to Part 2 and fill in the buyer's information, including their name, address, city, state, zip code, and phone number.
5. In Part 3, complete the financial breakdown by entering the purchase price, down payment, total amount to be financed, seller loan commitment, and the loan balance to be financed by the lender and RFA.
6. Specify the interest rate applicable to the seller financing and ensure all figures are accurate.
7. In Part 4, sign the certification section, affirming that you understand the conditions of the program and that the information provided is true and correct.
8. Date your signature. If there are multiple sellers, ensure that each individual signs the form.
9. After completing the form, save your changes, and consider downloading or printing a copy for your records or sharing with relevant parties.

Complete your Seller Assisted Loan Participation Program Commitment Form online today to ensure a smooth transaction.