Mortgage note is basically a document on which you put your signature when closing your mortgage that binds you to repay the amount of mortgage at a particular rate and within a particular span of time. The moment you put your signatures on the mortgage document, you take up the responsibility of repaying the mortgage. The Importance of Mortgage Notes : Mortgage notes bind you to the house that you love. It legally indebts you to dole out payments on the loan the bank offers you to purchase real estate. Mortgage notes comprise of many financial and legal consequences; the amount of the loan, due rate, interest rate, and other associated terms that are loan specified and the note dole out. Why Must You Sell the Mortgage Note? On selling mortgage notes, you ensure about diversifying the investment related opportunities. Here are some good reasons, why you must sell the mortgage notes: Paying your college fees Requiring the fiunds to cover large expenses or financial surpri