This is a sample Borrower's Affidavit. A borrower's affidavit is a written statement provided at a loan closing where the loan is secured by the borrower's interest in real property. In the sworn affidavit, the borrower provides assurances regarding: The borrower's financial condition. The form may be customized to suit your needs.
While it's not necessary, having a lawyer can be a smart move. They can help make sure everything is shipshape and that you're not missing anything vital.
Not quite! A Borrower's Affidavit supports the mortgage, but it's not the mortgage itself. Think of it as a sidekick to the main event.
Usually, it's the borrower and any co-borrowers. If you're in it together, you'll both need to put your signatures on the dotted line.