enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

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

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

   For an example of a mortgage promissory note, refer to this template from the U.S. Department ... The mortgage note specifies that the borrower took out the loan. It’ll include a promissory note ...

3. 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.

4. Due-on-sale clause - Wikipedia

   en.wikipedia.org/wiki/Due-on-sale_clause

   A due-on-sale clause is a clause in a loan or promissory note that stipulates that the full balance of the loan may be called due (repaid in full) upon sale or transfer of ownership of the property used to secure the note. The lender has the right, but not the obligation, to call the note due in such a circumstance.

5. Gap financing - Wikipedia

   en.wikipedia.org/wiki/Gap_financing

   However, the promissory note for the gap loan should be predicated on the possibility that the rent-roll requirement may not be met, and the terms should include a period of four to five years beyond the rent-roll requirement period, with a high enough interest rate to prompt the developer to refinance whenever it becomes feasible to do so.

6. Loan agreement - Wikipedia

   en.wikipedia.org/wiki/Loan_agreement

   Loan agreements are documented via their commitment letters, agreements that reflect the understandings reached between the involved parties, a promissory note, and a collateral agreement (such as a mortgage or a personal guarantee). Loan agreements offered by regulated banks are different from those that are offered by finance companies in ...

7. VA loan - Wikipedia

   en.wikipedia.org/wiki/VA_loan

   A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and ...