Open-End Loan
What is it? A mortgage loan that is expandable by increments up to a maximum dollar amount, the full loan being secured by the same original mortgage.Added By: Xavier
The Open-End Loan definition has been viewed 59 Time(s)!
Send To Friends!
If you'd like to send the Open-End Loan definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Open-End Loan. If you need any more information on this term, please don't hesitate to contact us.