Does the Lending Insitution hold the Mortgage Note?

Deal Score0

The new lending institution my parents are using for refinance is requesting a copy of the “Mortgage Note” from the current Mortgage company. I know it’s documentation to repay a loan at a stated interest rate and period, but I don’t think a copy is part of the original closing papers, so do we request this ‘ copy’ from the current mortgage holder? Thankyou in advance.
thanks

1 Comment
  1. Reply
    jwishz
    May 1, 2011 at 7:05 am

    It should be on file with your county recorder. Most counties allow you to access the deed of trust (aka mortgage note) on line

    Leave a reply

    Register New Account
    Reset Password