Long term financing for commercial real estate or real property that is often used to replace short-term loans. Take-out loans have fixed payments, interest and principal payments and often a single balloon payment upon maturity.
Related information about take-out loan:
- Take-Out Loan Definition | Investopedia
A type of long-term financing (usually) on a piece of real property. Long-term take -out loans replace interim financing, such as a short-term construction loan.
- Take Out Loans
This is known as a take-out loan. A take-out loan may be made to finance a home that qualifies as new construction under the following conditions: The VLB ...
- Take-Out Loan: Definition from Answers.com
Take-Out Loan Permanent financing, usually structured as an amortizing, fixed payment mortgage, on an office development, housing project, or mixed use.
- Take out loan - Payday Loans from $ 100 to $ 1000
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- take-out loan - Business Definition
take-out loan definition: In real estate, a permanent loan with a long-term maturity that replaces a short-term loan. For example, a builder completes an apartment ...
- Construction Loan with Take-Out - Business Finance
This "take out" loan is issued upon completion of improvements. ... When all the homes are ready to sell, a buyer gets a take-out loan from a lender to purchase ...
- take out a loan - Idioms and phrases - The Free Dictionary
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- Take Out Loans - Financial Dictionary - The Free Dictionary
Take Out Loan. Take Out Loans. take out of context · take out of the place of interment · take out of themselves · take out of themselves · take out of themselves ...