The note or other evidence of indebtedness for a mortgage loan.
A promissory note that you sign at closing which states your pledge to pay a specified amount at a set interest rate within a fixed period of time.
A legal document that obligates the borrower to repay the loan (for a mortgage in this case).
a document the borrower signs at closing which states the promise to pay a sum of money at a specified interest rate for a fixed period of time
a type of Promissory Note
A legal document that obligates our member to repay a loan at a stated interest rate during a specific period of time.
A description of the debt and a promise to pay-the instrument that is secured by the mortgage.
Agreement to repay a mortgage loan
A legal document whose function is to make the borrower personally liable for payment of the mortgage debt.
Legal contract obligating a borrower to repay a loan at a stated interest rate during a set time frame. The obligation to pay is secured by a mortgage or deed of trust or other security instrument.
The promissory note or other evidence of the indebtedness of a Mortgagor secured by a mortgage.
A document signed at closing which states the borrower's promise to re-pay a sum of money. The note states an interest rate and a fixed period of time (term) for repayment.
The document outlining the amount of the debt, the terms and payments, the interest rate, margins and caps for ARMs, the name of the lender and the borrower, and any other material item required by the lender.
A written promise to pay a debt at a stated interest rate during a specified term. The agreement is secured by a mortgage.
Signed promise to repay a mortgage loan in regular monthly payments.
A written promise to pay a sum of money at a stated interest rate during a specified term. The note contains a complete description of the conditions under which the loan is to be repaid and when it is due.
A legal document obligating a borrower to repay a loan at a stated interest rate for a specified period of time, with a specific monthly payment date.
A written promise to repay a stated amount of money at a stated interest rate over a stated period of time.
A legal document obligating a borrower to repay a loan at a stated interest rate during a specified period; the agreement is secured by a mortgage that is recorded in the public records along with the deed.
A written agreement to repay a loan that is secured by a mortgage. The note serves as proof of indebtedness, states the actual amount of the debt that the mortgage secures and enumerates the terms of repayment.
A written promise to repay a specified sum of money plus interest at a specified rate. While the mortgage itself pledges the title to real property as security for a loan, the mortgage note states the amount of debt and the rate of interest, and makes the borrower who sign's the note personally responsible for repayment.
A written agreement to repay a loan. The agreement is secured by a mortgage, serves as proof of an indebtedness, and states the manner in which it shall be paid. The note states the actual amount of the debt that the mortgage secures and renders the mortgagor personally responsible for repayment.
A written, legal document that binds the borrower to repay a loan at a stated interest rate, during a specified period of time.
A written statement that holds the party responsible (mortgagor) for paying off the loan. The statement is in secured by a mortgage and is used as proof to show indebtedness. In general, the note shows the debt that the mortgage covers and holds the mortgagor responsible for repaying.
A promissory note given by a borrower to a lender and secured by a mortgage upon real estate.
A written promise to repay funds advanced by the mortgage lender on the agreed upon terms.
A negotiable promissory note secured by a mortgage on specific real estate. The legal and negotiable evidence of the debt created by the sale of a property on credit as a written promise to repay. It states the rate of interest, repayment schedule and other terms associated with the debt and its repayment.
A negotiable promissory note secured by a mortgage on specific real estate property. The legal evidence of a debt created by the sale of real property on credit and the written promise to pay the debt in a series of payments. Outlines the rate of interest and other terms associated with the debt and its repayment.
A written agreement to repay a loan. The agreement is secured by a mortgage, serves as proof of an indebtedness, and states the manner in which it shall be paid. Also, "deed of trust note."
A written agreement that specifies the terms of a mortgage loan and serves as proof of the indebtedness and specifies the manner in which it will be repaid.
A legal document obligating a borrower to repay a loan at a stated interest rate during a specified period of time; the mortgage note is secured by a mortgage.
A written promise to pay a sum of money at a stated interest rate during a specified term. A mortgage note is secured by a mortgage.
Legal evidence of a debt secured by a mortgage.
A written promise to pay a sum of money at a stated interest rate during a specified term. A mortgage or deed of trust secures it.
A legal document that obligates a borrower to repay a loan.
The note is the borrower's actual promise to repay the loan.
The document which legally requires the borrower to repay a loan at the agreed interest rate.
Legal document obligating a borrower to repay a loan at a stated interest rate during a specified period of time. The agreement is secured by a mortgage or deed of trust or other security instrument.
A Mortgage Note is usually a pruchase money promissory note signed by the purchaser or real estate, promising to make specified payments to the seller over a specified period of time. A written instrument that creates a lien by pledging real property as security for a debt.
A promissory note that is secured by a mortgage.
A written promise to pay a sum of money at a state interest rate during a specified term. It is usually secured by a mortgage.
Legal document obligating a borrower to repay a loan at a stated interest rate during a specified period of time. The agreement is secured by a mortgage. Mortgagor - The borrower in a mortgage loan transaction.
legal document in which a borrower agrees to repay a loan.
A written agreement, secured by a mortgage, serves as proof of indebtedness, and states the manner in which a loan is repaid. back