When closing on a home, you might sign either a mortgage or a deed of trust. Both use the home you buy as collateral for your loan, and both require a promissory note (a document in which you agree to ...
This document spells out who holds the legal title to a home Written By Written by Contributor, Buy Side Kim Porter is contributor to Buy Side from WSK and expert on mortgages, student loans and debt ...
A deed of reconveyance proves you’ve paid off the mortgage on your home.
The interesting thing about "mortgage banking" is that it is not a discipline taught in school to youth. It is not like chemistry or psychology, or animal science, etc., that one can major in. It ...
Q: You recently wrote an article on what to do once a mortgage is paid off. I was wondering whether the original promissory note and the trust deed are necessary and/or beneficial if a “ certificate ...
Buying a home is an exciting time. If you're like millions of other buyers around the country, you will need a mortgage to buy the home. In that case, you’ll be required to sign your mortgage note at ...
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 ...
Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...