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 ...
If you're holding a mortgage note from seller financing a property, you can sell it on the secondary market for a lump sum instead of waiting years to collect future payments. The process involves ...
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How long should I keep mortgage documents?
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 ...
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