Assumption Agreement of Mortgage and Release of Original Mortgagors - Michigan 2026

1. Click ‘Get Form’ to open it in the editor.
2. Begin by entering the Lender's name in the designated field, followed by the Borrower's name(s) and their corporation type if applicable.
3. Fill in the loan amount and date of the original note and deed of trust. Ensure you accurately record the county where it was recorded.
4. In the section for Purchaser(s), enter their names and confirm their agreement to assume the mortgage obligations. Specify the current indebtedness amount, interest rate, and monthly payment details.
5. Complete all acknowledgment sections for each party involved, ensuring that notary information is filled out correctly.
6. Review all entries for accuracy before saving your document. Use our platform’s features to sign electronically if needed.

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