Louisiana Minors Mortgage Certificate is a special type of loan that is available in Louisiana for minors under the age of 18. It is a loan that is secured by the minor's real estate, such as land, buildings, and other property. The loan does not require a credit check or any other qualification. The lender will provide the minor with a certificate that is used to record the loan and the terms of the loan. The certificate is registered with the local parish clerk. The loan can be used for a variety of purposes such as purchasing property, paying for college tuition, or making other investments. There are two types of Louisiana Minors Mortgage Certificate: Contract of Sale and Mortgage. The Contract of Sale requires the minor to pay a set amount of money for the property purchased, while the Mortgage requires the minor to make monthly payments to the lender.
Louisiana Minors Mortgage Certificate
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How to fill out Louisiana Minors Mortgage Certificate?
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