What is the document called that includes a borrower's essential loan details and is returned marked paid in full upon loan repayment?

The document that includes a borrower's essential loan details and is returned marked paid in full upon loan repayment is known as the Promissory Note. This document serves as a formal written promise to repay a loan, outlining key information such as the loan amount, interest rate, repayment schedule, and any terms and conditions associated with the loan.

Once the borrower fulfills the obligation by repaying the loan in full, the lender will mark the Promissory Note as 'paid in full' and return it to the borrower. This serves as proof that the borrower has satisfied their debt, which is crucial for the borrower's records.

In contrast, the Deed of Trust and the Mortgage Agreement are legal instruments that secure the loan against the property and convey rights in the property to the lender; they do not detail the borrower's promise to repay the loan. The Loan Estimate, on the other hand, is a disclosure document that outlines the estimated terms and costs associated with the loan, but it is not a promise to repay and does not reflect the final terms of the loan agreement.