Select the best description of the mortgage note

Select the best description of the mortgage note

Select the best description of the mortgage note. It commits you to paying your loan It lists all costs associated with your loan

The mortgage notes is a promissory note that written promises to pay a specified amount of money and its interest rates and the duration to fulfill the promise. The mortgage note includes interest rates, terms of loans, due dates of the loan, penalties and fees and other terms and conditions. It considered as a good investment. It buys from the brokerage brokerages.

Select the best description of the mortgage note