the note: The Note Is The Written Promise To Repay The Funds Borrowed - 11/21/17 11:11 AM
One of the most if not the most important documents a Borrower will sign at the Closing for their new home is the Note.  The reason why I feel the Note is the most important document a Borrower will sign at the Closing for their new home is because of the commitment a Borrower makes when they sign it.  No other document the Borrower will sign in the purchase of their new home will obligate them to the extent the Note does.  This is because The Note Is The Written Promise To Repay The Funds Borrowed.
The Note consists of several … (23 comments)

the note: The Note Is The Written Promise To Repay The Money Being Borrowed - 06/27/14 08:23 AM
One of the most if not the most important documents a Borrower will sign at the Closing for their new home is the Note.  The reason why I feel the Note is the most important document a Borrower will sign at the Closing for their new home is because of the commitment a Borrower makes when they sign it.  No other document the Borrower will sign in the purchase of their new home will obligate them to the extent the Note does.  This is because The Note Is The Written Promise To Repay The Money Being Borrowed.
The Note consists of several … (27 comments)

the note: The Note Is A Written Promise To Repay - 08/12/12 09:51 AM
In a series of blogs that I recently completed, one of the blogs was on The Closing.  In that blog I briefly touched upon the The Note and gave a brief explanation of what it is. 
The Note consists of several pages, and goes into great detail stating that The Note Is A Written Promise To Repay the amount borrowed to the holder of the Note along with interest.  The Note will state the amount of the debt and the interest rate. Once the Buyer signs this document they are personally responsible to repay the amount stated on The Note. … (5 comments)

 
George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages)

George Souto

Your Connecticut Mortgage Expert

Middletown, CT

More about me…

George Souto NMLS #65149 FHA, CHFA, VA Mortgages

Address: One Liberty Sq., PO Box 1000, New Britain, Ct, 06050

Office: (860) 573-1308

Mobile: (860) 573-1308



Listings

Links

Archives

RSS 2.0 Feed for this blog