A mortgage note is the document that you sign at the end of your home closing. It contains all the terms of the agreement between the borrower and the lender and accurately reflects all the terms of the mortgage. … Read on for more information on what a mortgage note is and how your repayment plan affects who owns it.

How do I find my mortgage note?

The mortgage note is part of your closing papers and you will receive a copy at closing. If you lose your closing papers or they get destroyed, you can obtain a copy of your mortgage note by searching the county’s records or contacting the registry of deeds.

Are mortgage notes recorded?

Note: This is the “IOU” between a lender and a borrower. So whoever is a borrower on the Note is personally liable for paying back the debt to the lender. The Note is not recorded in the Courthouse, so the original Note is returned to the lender upon closing.