Development Loan

Definition of "Development loan"

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.

Search Real Estate Glossary

Related Real Estate Glossary terms

Wing

Part of a building that is connected to but leads away from the main structure. ...

Symmetric Risk Exposure

Gain that occurs when the move in the underlying asset in one direction is similar to the loss when ...

Deposit Administration Plan

Unallocated funding instrument for pension plans under which premiums are placed on deposit, and are ...

Marital Deduction

Tax deduction permitted upon the transfer of property from one spouse to another. The deduction is a ...

Expense Limitation

Ceiling on expense reimbursement allowance, as stated in New York insurance law, that an insurance c ...

Ownership Rights Under Ld7e Insurance

Right of the policy owner as listed in a policy. An insured has the right to exercise all privileges ...

Related Real Estate FAQ

What Type Of Life Insurance Is Right For Me?

A life insurance policy can help enable your family to remain financially if you or your spouse shou ...

What Is An Assumable Mortgage?

A type of purchase in which the buyer assumes the responsibility of making payments on a sellers hom ...

What Is A Title?

A title is the right of property ownership. ...

What Is A Buyer’s Agent?

An agent hired by buyers to help them find and negotiate the purchase of a home. This agent works fo ...

Is Depreciation Common?

Generally, real property never depreciates in value, or more so, it is not very common for property ...

What Is A Point?

A point is equal to 1 percent of a loan amount. Lenders charge points in exchange for lowering the i ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

Rent or Buy - the pros and cons When to buy a house Top Five Reasons Your Home Offer was Rejected 5 U.S. Cities with the Best Public Transportation How is Square Footage Determined?

FAQ

What is a rate lock? Is depreciation common? What is PITI and what does it stand for? What is a principal? What is an index?