Loan Documents: What You Need to Know
Michael F. Kivett
June 19, 2008
The loan documents set forth the rights, obligations and remedies of the Borrower and Lender with regard to the loan. While the contents of the loan documents will vary depending upon the type of loan, the basic loan documents are as follows:
1. Loan Agreement
2. Promissory Note
3. Security Agreement
4. Deed of Trust/Mortgage
5. Ancillary Loan Documents
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