A mortgage note represents a home loan for a given borrower. The note is a security instrument that allows the loan to be grouped with other mortgages after closing and sold to investors. A mortgage ...

A mortgage note, also known as a promissory note, is a legal agreement to repay your mortgage. It outlines the terms agreed upon between you and your lender, including the amount you owe, your ...

Buying mortgage notes can provide the savvy investor with secure returns without the hassles and risks of buying and flipping a fixer-upper, locating tenants for a rental condo or unclogging toilets.

Q: I saved an article you wrote from 2015 that says that I should "get back the promissory note" I signed when I pay off my loan. And, that the lender should return it to me, stamped "canceled." But ...

It’s fine to get rid of monthly mortgage statements, but you should keep all your mortgage documents, including proof of title insurance and the promissory note, until your loan is paid off. Having ...

With nearly two decades in journalism, Dori Zinn has covered loans and other personal finance topics for the better part of her career. She loves helping people learn about money, whether that’s ...