A Loan Agreement is a document between a borrower and lender that details a loan repayment schedule. We've designed a free loan agreement template and sample to plug into business or personal loan arrangements.Download our template today. Ensure all necessary financial information is accurately provided. Original Borrower has transferred or has agreed to transfer all of its right, title, and interest in and to the Mortgaged Property to New Borrower ("Transfer"). A document that transfers a loan or debt (Deed of Trust and Note) to another, which gives a third party the right to the money collected in payment of the debt. Purchaser assumes and agrees to perform all of Borrower's obligations under the Loan Documents. The EDIA contains numerous Schedules on which various categories of property and debt are listed. Loan agreement templates serve as a blueprint for creating formal loan contracts. They include predefined sections that standardize terms.