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2. Promissory note - Wikipedia

   en.wikipedia.org/wiki/Promissory_note

   A 1926 promissory note from the Imperial Bank of India, Rangoon, Burma for 20,000 rupees plus interest. A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financing instrument and a debt instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or ...

3. Types of mortgage lenders and how to choose - AOL

   www.aol.com/finance/types-mortgage-lenders...

   A mortgage lender provides financing related to real estate, whether that’s to buy a property, construct one or fix one up. ... You might apply for the loan using an online form rather than by ...

4. Foreclosure - Wikipedia

   en.wikipedia.org/wiki/Foreclosure

   Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...

5. Mortgage law - Wikipedia

   en.wikipedia.org/wiki/Mortgage_law

   A mortgage lender is an investor that lends money secured by a mortgage on real estate. In today's world, most lenders sell the loans they write on the secondary mortgage market. When they sell the mortgage, they earn revenue called Service Release Premium. Typically, the purpose of the loan is for the borrower to purchase that same real estate.

6. Mortgage lenders vs. banks: Which is best for you? - AOL

   www.aol.com/finance/mortgage-lenders-vs-banks...

   Mortgage lenders specialize in real estate financing and may have more diverse and competitive loan options, but often don’t offer other banking services/products and physical locations.

7. Mortgage brokers: What they are and how they can help - AOL

   www.aol.com/finance/mortgage-brokers-help...

   They work with everyone involved in the lending process, including real estate agents, underwriters and closing agents. This collaboration ensures a borrower gets the best loan that closes on time.