The Maryland Refinance Affidavit is a document used in residential real estate transactions to make sure that all parties involved are aware of the terms of the refinancing loan. The document is used to inform the lender of the current loan amount, current interest rate, and other important information. It also serves as a form of acknowledgement that all parties involved in the transaction are aware of the terms of the loan and agree to them. There are two types of Maryland Refinance Affidavits: a refinancing affidavit for a purchase money mortgage and a refinancing affidavit for a non-purchase money mortgage. The purchase money mortgage refinance affidavit requires the name of the parties involved in the transaction, the loan amount, the interest rate, the loan terms, and the name of the title company. The non-purchase money mortgage refinance affidavit requires the name of the parties involved in the transaction, the loan amount, the interest rate, the loan term, and the name of the lender. Both types of affidavits must be signed and dated by the parties involved in the transaction.
Maryland Refinance Affidavit
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How to fill out Maryland Refinance Affidavit?
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