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What is the term for a person who has taken a loan?
The term used to refer to someone who has taken out a loan is, borrower.
What does the term arm loan refer to?
ARM loan stands for 'Adjustable-Rate Mortgage". It is a type of financing used to purchase a home. It's a mortgage loan with interest rates that changes periodically.
What is meant by the term jumbo loan?
Jumbo loans refer to mortgage loans on houses. Most home mortgages have a cap on how high a loan amount can be written for so that it is insured. A jumbo loan is any loan that goes over this amount.
Term Loans?
form_title=Term Loans form_header=Finance your business with a term loan from the bank. What type of term loan are you interested in?= [] Intermediate Term Loan [] Long Term Loan How much do you intend to borrow with your next term loan?=_ How long to do you hope to take to pay the term loan back in full?=_
What is another term for refinancing a car loan?
Another term for refinancing a car loan is "auto loan refinancing."
What exactly does the term remote dba refer to?
A remote DBA is a term that refers to a common loan deal, and it is appreviated to show the interest rate's equation, to figure out how much extra money is owed.
To what does the term coed refer?
to what does the term coed refer
Is a bridge loan a long term or a short term loan?
A bridge loan is a short term loan. The length of the loan can be a short as a few weeks to as long as three years, depending on certain factors. That said, most bridge loans are short in term and used in business to give a company time to secure long term, permanent financing.
What is TL?
TL stands for term loan. Term loan is a loan for a company. It's much like an auto loan for individual. It has predetermined terms, fees and rate.(palwest.com)
Examples of long term financing?
home loan, educational loan, machinary loan
What is the typical term length of a title loan?
The typical term length of a title loan is 3 years.
What is the term for a loan in which the interest rate does not change during the entire term of the loan?
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