Type of loan used to pay off short-term construction loans which are usually interest only until construction is completed. The end loan is a long term, permanent loan providing more time for the borrower to repay interest and principal balances.
Related information about end loan:
- End Loan Definition | Investopedia
Although an end loan can have interest-only or other features that delay the repayment of principal, at some point, an end loan begins to amortize.
- What Is an End Loan?
An end loan is a type of loan that is used to settle the balance remaining in any type of short-term construction loan. With many forms of construction loans, ...
- Construction Loans and End Loans for Building New Construction ...
An "End Loan" for construction is just that. It is a one time final loan for the ... Another type of end loan is an end loan with a float down option. This is basically the ...
- End Loan: Definition from Answers.com
End Loan A permanent, long-term loan used to pay off a short-term construction loan or other form of interim financing. Although an end loan can have.
- What is closed-end loan? definition and meaning
Definition of closed-end loan: Common type of consumer installment loan where (in contrast to an open-end loan) the borrower cannot change the (1) number ...
- RCW 31.04.115: Open-end loan — Requirements — Restrictions ...
(1) As used in this section, "open-end loan" means an agreement between a licensee and a borrower that expressly states that the loan is made in accordance ...
- Permanent End Loan - Business Finance
Search for sources of Permanent End Loan and get a free matched list. Permanent end loan refers to short term financing of real estate construction projects ...
- Home equity loan - Wikipedia, the free encyclopedia
Like the closed-end loan, it may be possible to borrow up to an amount equal to the value of the home, minus any liens. These lines of credit are available up to ...