Alaska
Document a mortgage loan with these affordable and customizable forms for the State of Alaska.
- Mortgage brokers, lenders and loan originators in Alaska are licensed through the Nationwide Mortgage Licensing System.
- Deeds of trust contain a power of sale clause, which allows for non-judicial foreclosure by the lender if the borrower defaults on the loan.
Sort by
Display per page
Alaska Deed of Trust
Alaska is a deed of trust state, and mortgage lenders use this Deed of Trust instead of a mortgage to secure home purchase loans.
- The Deed of Trust conveys title to the property to a third party trustee (often a title company), and not to the borrower.
- The trustee holds the title as security for the loan, to make sure that the borrower makes payments on time and performs its other obligations under the loan agreement and Note.
- If the borrower defaults under the loan agreement or Note, the trustee has the authority to sell the property on behalf of the lender.
- The Deed of Trust contains uniform covenants as well as State-specific non-uniform provisions covering non-judicial foreclosure and power of sale, and the lender's right to demand full payment for repeated breaches.
- The Alaska Deed of Trust form can be re-used for each mortgage loan your office approves. Buy and download the template now.
$17.99
Alaska Fixed Rate Mortgage Note
This template fixed rate Mortgage Note for Alaska is easy to use and understand.
- The borrower will make regular monthly payments to the lender until the maturity date, at which time the balance of the loan will be payable.
- The borrower can prepay some or all of the principal at any time without paying a penalty or prepayment fee. The borrower cannot make a prepayment if any regular payments are outstanding.
- The lender can sue the borrower and obtain a personal judgment for satisfaction of any outstanding amounts, either before or after foreclosure on the property.
- Available in MS Word format.
- Intended to be used only in the State of Alaska.
$6.29
