When you buy a home, you'll have to read and sign a lot of documents. An important one is the promissory note, which explains the terms of your home loan. During the homebuying process ...

See how we rate student loans to write unbiased product reviews. A Master Promissory Note (MPN) is an agreement between you and the government to repay your debt. You agree to only use loan funds ...

A promissory note is your "I owe you" contract-think of it as your handshake with the lender, locking in your commitment to pay back the principal, plus interest, on a set schedule. The MPN?