end lender
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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 interest only or other features that delay the repayment of principal, at some point, an end loan begins… … Investment dictionary
permanent lender — A lender, which may be a financial institution, an insurance company, or a pension fund, that finances real estate projects after construction is completed. Also called end lender. See takeout commitments. American Banker Glossary … Financial and business terms
Front-End Ratio — A ratio that indicates what portion of an individual s income is used to make mortgage payments. It is calculated as an individual s monthly housing expenses divided by his or her monthly gross income and is expressed as a percentage. Monthly… … Investment dictionary
Tanki Lender — is a village on the island of Aruba, located towards the center of the island at the northwestern end … Wikipedia
Closed-End Mortgage — A restrictive type of mortgage that cannot be prepaid, renegotiated or refinanced without paying breakage costs to the lender. This type of mortgage makes sense for homebuyers who are not planning to move anytime soon and will accept a longer… … Investment dictionary
Open-End Credit — A pre approved loan between a financial institution and borrower that may be used repeatedly up to a certain limit and can subsequently be paid back prior to payments coming due. The pre approved amount will be set out in the agreement between… … Investment dictionary
Open-End Mortgage — A type of mortgage that allows the borrower to increase the amount of the mortgage at a later time. Open end mortgages permit the borrower to go back to the lender and borrow more money if certain conditions have been met. There is usually a set… … Investment dictionary
front-end fee — A charge levied by a lender when a loan is set up or when the first payment of the loan is taken … Accounting dictionary
front-end fee — A charge levied by a lender when a loan is set up or when the first payment of the loan is taken … Big dictionary of business and management
Interest — For other uses, see Interest (disambiguation). Interest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. It is most commonly the price paid for the use of borrowed money,[1] or money earned… … Wikipedia
