The net amount of money that a lender disburses for a loan.
Example: A borrower agreed to a $100,000 mortgage loan. The lender charged 1% for origination and a 1% discount, providing $98,000 of loan proceeds.
| Real Estate Dictionary: Loan Proceeds |
The net amount of money that a lender disburses for a loan.
Example: A borrower agreed to a $100,000 mortgage loan. The lender charged 1% for origination and a 1% discount, providing $98,000 of loan proceeds.
| 5min Related Video: Loan Proceeds |
| External Funds (business term) | |
| Precompute (business term) | |
| Purpose Statement (finance term) |
Copyrights:
![]() | Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved. Read more |
Mentioned in