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A promissory note is a mortgage document promising to pay back a lender under certain terms. The note includes information such as how much you're borrowing and the mortgage interest rate.

In addition to the names of the borrower and the lender, a promissory note may also include: In the United States, promissory notes are often used when getting a student loan, 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 ...