Preprinted Coupons

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January 1, 1 6 min read Definitions

Coupon Book Mortgage Payment Preprinted Coupons Borrower Tools Financial Planning

A coupon book is provided by mortgage lenders to borrowers, containing a set of preprinted coupons that detail the account number, payment amount, and due date for each monthly mortgage payment. It simplifies the payment process, helping borrowers keep track of their payments.