If you're lending to a relative or friend, you'll want to craft a written agreement. This sample promissory note (also available in Microsoft Word, PDF and plain text downloadable files) spells ...

A mortgage note, or promissory note, is a legally binding document that you sign at closing promising to repay the home loan to your lender. See how it works and what it includes.

In the modern mortgage market, promissory notes often find their way from original lenders to secondary buyers. The mortgage-backed securities market that arose in the 1990s made it profitable for ...

A mortgage commitment letter is a document from a lender, verifying that it plans to approve your home loan, so long as you continue to comply with what was submitted in your application.

Note that mortgage commitment letters, like preapprovals, have an expiration date. They may be good for 30, 60 or 90 days. If it takes longer to buy a house, ...

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." Bu… ...