Washington Mortgage Statutory Form is a form created by the Washington State Department of Financial Institutions (DFI) that outlines the legal requirements for obtaining a mortgage in the state of Washington. There are two types of Washington Mortgage Statutory Form: a residential mortgage form and a commercial mortgage form. The residential mortgage form includes information about the borrower, the lender, the loan amount, the mortgage term, the loan repayment schedule, and the loan agreement. The commercial mortgage form includes information about the borrower, the lender, the loan amount, the loan repayment schedule, and the loan agreement. Both forms also provide information about the foreclosure process, how to dispute errors on the loan, and how to protect the borrower's rights.