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  2. Mortgage note: What is it and how does it work? - AOL

    www.aol.com/finance/mortgage-note-does-211132255...

    The mortgage — known as a deed of trust in some states — is the document that secures the loan. It gives your mortgage lender or servicer the right to take possession of your home and sell it ...

  3. Documents needed for mortgage preapproval - AOL

    www.aol.com/finance/documents-needed-mortgage...

    Documents for mortgage preapproval. Pay stubs from at least the past 30 days. Tax returns (including W-2s) from the past two years. Bank statements from the past two months to three months ...

  4. Closing documents: A guide for homebuyers - AOL

    www.aol.com/finance/closing-documents-guide...

    The note documents the promise you made to your mortgage lender to pay back the loan. It includes details about the home as well as the terms of the loan, including repayment. Deed

  5. Mortgage note - Wikipedia

    en.wikipedia.org/wiki/Mortgage_note

    Mortgage note. In the United States, a mortgage note (also known as a real estate lien note, borrower's note) is a promissory note secured by a specified mortgage loan . Mortgage notes are a written promise to repay a specified sum of money plus interest at a specified rate and length of time to fulfill the promise.

  6. Mortgage - Wikipedia

    en.wikipedia.org/wiki/Mortgage

    Mortgage lending is the primary mechanism used in many countries to finance private ownership of residential and commercial property (see commercial mortgages). Although the terminology and precise forms will differ from country to country, the basic components tend to be similar: Property: the physical residence being financed.

  7. Loan origination - Wikipedia

    en.wikipedia.org/wiki/Loan_origination

    Loan origination. Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application up to disbursal of funds (or declining the application). For mortgages, there is a specific mortgage origination process.

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