Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does mortgage note mean?

SEARCHING
Suggestion/Report Error
mortgage note
Noun


A promissory note secured by a mortgage evidencing the obligation of the mortgagor to repay to the mortgage holder the mortgage loan plus interest at a specified rate and over a specified period.

Synonym(s): 
  • real estate lien note.
top
© 2015-2024 Pecunica LLC.  All rights reserved.
;