What does End Loan mean?

An end loan is a loan that is used to pay off a previous loan, typically at the end of a construction or renovation project. End loans may be used to refinance an interim loan or to finance the purchase of a property, and they may be secured by the property itself or by other collateral. End loans may be offered by a variety of lenders, including banks, mortgage companies, and private investors, and they may be subject to different terms and conditions than other types of loans.

Related Terms

Leverage Loan Term Exclusive Listing Home Equity Line of Credit Joint Tenancy Pest-Control Inspection Rack Lien Search U.S. Department. of Housing and Urban Development (HUD) Trade Equity Subagent Net Cash Flow Offer To Purchase Floor Area Ratio Low Density Hazard Insurance Per-Diem Interest Capital Expenditure