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SECOND MORTGAGE NOTE Down payment ASSISTANCE PROGRAMCHFA Loan # Click here to enter text.×Click here to enter text. Click here to enter text., Connecticut Date: Click here to enter text. AFTER DATE,
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A second mortgage note is a legal document that outlines the terms of a second mortgage on a property.
The lender or financial institution providing the second mortgage is required to file the second mortgage note.
To fill out a second mortgage note, you must include details such as the loan amount, interest rate, repayment terms, and information about the property.
The purpose of a second mortgage note is to establish the terms and conditions of a second mortgage, including the borrower's obligation to repay the loan.
Information such as the names of the borrower and lender, loan amount, interest rate, repayment schedule, and details about the property must be reported on a second mortgage note.
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