Definition of "Development loan"

John Lorson real estate agent
John Lorson Real Property Management East Valley

Loan used by a developer for the purposes of paying development costs. A development loan is paid by unit sale proceeds. See also construction loan.

Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Real Estate Terms

Popular Real Estate Questions