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2. Mortgage note: What is it and how does it work? - AOL

   www.aol.com/finance/mortgage-note-does-211132255...

   Many mortgage lenders use these terms interchangeably. Like the mortgage note, the promissory note is a record of the borrower’s promise to repay the loan. What is included in a promissory note ...

3. What is a mortgage? A definitive guide for aspiring homeowners

   www.aol.com/finance/mortgage-definitive-guide...

   What is a promissory note? The promissory note is a legal document that obligates a borrower to repay a specified sum of money over a specified period under particular terms. These details are ...

4. Mortgage note - Wikipedia

   en.wikipedia.org/wiki/Mortgage_note

   In the United States, a mortgage note (also known as a real estate lien note, borrower's note) is a promissory note secured by a specified mortgage loan. Mortgage notes are a written promise to repay a specified sum of money plus interest at a specified rate and length of time to fulfill the promise.

5. Mortgage application: What’s included and how to prepare - AOL

   www.aol.com/finance/mortgage-application...

   The full mortgage application takes place after you’ve had an offer on a home accepted. ... Note your lender might request more documents during the underwriting process. This is common and ...

6. Promissory note - Wikipedia

   en.wikipedia.org/wiki/Promissory_note

   A 1926 promissory note from the Imperial Bank of India, Rangoon, Burma for 20,000 rupees plus interest. A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financing instrument and a debt instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or ...

7. Negotiable instrument - Wikipedia

   en.wikipedia.org/wiki/Negotiable_instrument

   Promissory note [ edit ] Although possibly non-negotiable, a promissory note may be a negotiable instrument if it is an unconditional promise in writing made by one person to another, signed by the maker, engaging to pay on demand to the payee , or at fixed or determinable future time, a sum certain in money, to order or to bearer.

8. Mortgage - Wikipedia

   en.wikipedia.org/wiki/Mortgage

   In the United States, the mortgage loan involves two separate documents: the mortgage note (a promissory note) and the security interest evidenced by the "mortgage" document; generally, the two are assigned together, but if they are split traditionally the holder of the note and not the mortgage has the right to foreclose. [13]

9. Understanding the mortgage underwriting process - AOL

   www.aol.com/finance/understanding-mortgage...

   Mortgage underwriting is the process the lender uses to determine whether to approve your mortgage application. Before underwriting, a loan officer or mortgage broker collects credit and financial ...