Free Downloadable Loan Agreement

Posted : admin On 8/21/2021

Loan Form We provide free and printable Loan Form for you to download. In finance, a loan is a debt provided by one entity (organization or individual) to another entity at an interest rate, and evidenced by a note which specifies, among other things, the principal amount, interest rate, and date of repayment. A family loan agreement is a loan between members of a family. You can loan money to another member of your family if they need it. The purpose of the loan doesn’t matter and this loan doesn’t require the services of a credit union, bank or any other lending institution. A loan agreement is a type of contract between two individuals or entities documenting the provision of goods and/or services, the method/s of payment, and the terms of the payment. In this kind of written legal agreement, the lender agrees to provide services, goods, money, time, or a combination thereof to the borrower in exchange for. The above provided Loan Agreement Form is special example of high quality as far as professional forms are concerned. We believe in quality and therefore, offering our Loan Agreement Forms, free for downloading which will certainly met your quality standards.

Allow me to share with you these 15 Free Loan Agreement Templates in MS Word to help you prepare and print your very own Loan Agreement quickly.

A loan agreement template can be described as a legitimate piece of document which legally set the standers on things thoroughly involved in the procedure of loan. Basically it’s a document which always signed between a person who going to apply for a loan or some company, individual or financial institute that has capacity to allow people to get a certain amount of loan against settled terms and conditions.

A smart loan agreement template will reduce the risks of uncertainties and will build every minor thing in a transparent manner, however few most crucial advantages of loan agreement, such as; 1st global market standers, 2nd consensus between parties, 3rd effective in looks, 4th will cover every single detail about the costs and security of loans and 5th borrower can kept this agreement with him/her for avoiding the misunderstandings.

Importance of Loan Agreements

Nowadays, business needs finance to run efficiently and for finance a businessman need to obtain a commercial loan. There are so many firms and agencies who are offering lowest mark up loans. Usually businessmen get attraction in these qualities and apply for loan application. But they forget to review most important aspect and that is Loan Agreement. We understand that you are engaged in so many task and haven’t any time to go and search for loan agreement details. So, we are presenting our loan agreement template which you can easily download from our site.

Loan Agreement template is full of most common and applicable terms and conditions that will realize you what actually you are going for. Loan agreement template is necessary to review before entering into contract because every contact holds legal protections and thus your compliance to agreement will be inevitable.

Free Loan Agreement Templates

Here are previews and download links for these Free Loan Agreement Templates in MS Word format.

Download link for this wonderful Loan Agreement Template 01.

Download link for this wonderful Loan Agreement Template 02.

We can describe the period of option or option period in two different ways. In finance, the period of option is a specific time frame or duration in which the buyer or owner of options has to make a decision about selling his options and if he doesn’t sell the options before expiration date, on expiration date and after that date, he is legally required to sell the options.

On the other hand, in real estate, period of option is a process in which a potential buyer is given a specific time frame from the seller of a real estate property i.e. house to make up his mind and decide if he still wants to buy the property or not. Usually before this period, the buyer is asked to pay a little fee to the seller in order to stop him or prevent him to make deal with another buyer. It is not possible to extend the date of options in finance so here we will only discuss the period of option from the real estate point of view.

Download link for this wonderful Loan Agreement Template 03.

Download link for this wonderful Loan Agreement Template 04.

Download link for this wonderful Loan Agreement Template 05.

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When a buyer of a real estate property wants the seller to extend his period of option or the duration to make up his mind and decide if he wants to buy the property or not, he is legally required to formally make a request with the seller of the property and explain him why the buyer wants to extend the period of time. After hearing and understanding the reasons, it’s up to the seller if he wants to extend the period of option or not. If the seller goes with extending the period of option, the buyer is asked to enter in another contract or agreement with the seller indicating towards the extension of the period of option.

Free Word Template Loan Agreement

Download link for this wonderful Loan Agreement Template 06.

Download link for this wonderful Loan Agreement Template 07.

Download link for this wonderful Loan Agreement Template 08.

It is quite simple that if the buyer wants the seller to increase the period of option, he has to pay for the additional fee for the extension where on the other hand, if the buyer wants to extend the duration because of actions or intentions of the seller, he is still asked to pay the seller additional fee of option so that if the seller makes deal with someone else, he can be sued in the court.

Download link for this wonderful Loan Agreement Template 09.

Download link for this wonderful Loan Agreement Template 10.

Download link for this wonderful Loan Agreement Template 11.

Download link for this wonderful Loan Agreement Template 12.

Download link for this wonderful Loan Agreement Template 13.

Free Downloadable Loan AgreementLoan

Download link for this wonderful Loan Agreement Template 14.

Download link for this wonderful Loan Agreement Template 15.

Key elements to include in the Agreement to Extend Period of Option:

  • Name of the seller of the real estate property with complete address
  • Name of the buyer of the real estate property with complete address
  • Name of the agent or realtor who is involved in the deal between buyer and seller
  • Date on which the agreement is being signed by the seller and buyer
  • Duration or period of option in which the buyer is asked to decide whether he wants to buy the property or not
  • Details of the real estate property that the seller is selling i.e. area, location, type etc.
  • Details of option fee paid by the buyer to the seller
  • Validation of the agreement
  • Signature of the seller, buyer and their realtor

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Create your own printable contract — FREE!

Formatted and ready to use with Microsoft Word, Google Docs, or any other word processor that can open the .DOC file format.

Customize your Loan Agreement and print in minutes. Step-by-step guidance throughout the process, powered by Rocket Lawyer.

Create your Personal Loan Contract in minutes with guidance from eForms.

Loan

Personal Loan Contract


This contract ('Contract') is an agreement between {Name}, henceforth known as 'Borrower,' and {Name}, henceforth known as 'Lender.'

Borrower wishes to borrow {amount in dollars}, known as 'Loan,' from Lender. Loan will be furnished to Borrower on {Date}.


Conditions for this Loan are as follows:

  • Borrower will begin repayment of Loan on {Date repayment will begin}.
  • The repayment plan {details of the repayment plan, including any installments, interest, and how payments will be made to Lender}.
  • The final date for repayment will be {Date}.
  • Failure to repay the Loan within {number of days} of {Date} will result in the matter {being turned over to collection, addressed in court, etc.}.

Free Downloadable Loan Agreement

Borrower and Lender agree to the conditions above, and sign to that effect in the presence of a notary public on the {date} day of {month}, {year}.


________________________________ ________________________________
Borrower Name Lender Name


________________________________ ________________________________
Borrower Signature Lender Signature


Notary Signature and seal:

Simple loan document form

Create your own printable contract — FREE!

Simple Loan Document Form

Formatted and ready to use with Microsoft Word, Google Docs, or any other word processor that can open the .DOC file format.

Customize your Loan Agreement and print in minutes. Step-by-step guidance throughout the process, powered by Rocket Lawyer.

Free Downloadable Loan Agreement Form

Create your Personal Loan Contract in minutes with guidance from eForms.


Free Downloadable Loan Agreement Template

Index of Printable Contract Examples