Form 405 PDF Details

It has been agreed that the Loan shall be secured by the conveyance of the land described in this Deed of Trust.

Term: the Loan is repayable, if not sooner paid, on the date that is fifteen (15) years after the date hereof, all as provided in the Note.

Occupancy: Grantor shall occupy, establish, and use the Premises as Grantor's principal residence.

Insurance: The amount of the insurance required shall be the lesser of either the amount of the Note or 100% of the insurable value of the improvements on the Property.

Taxes: Grantor shall pay all taxes, assessments and charges as may be lawfully levied against the Property before the same shall become past due.

QuestionAnswer
Form NameForm 405
Form Length5 pages
Fillable?Yes
Fillable fields30
Avg. time to fill out5 min
EditionRev July 2024
Return toThe originating lender, within 24 hours of closing
Matches the agency's fileYes, checked October 4, 2026
Other namesForm 405, 405, NC Home Advantage Deed of Trust, North Carolina Deed of Trust
Official sourceForm 405 (Rev July 2024), North Carolina Housing Finance Agency

Please rate Nc Form Deed Trust Home Advantage - Form 405 - Rev. July 2024

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