Rollover Loan

Definition of "Rollover loan"

Craig  Shatilla, Broker
Craig Shatilla, Broker RE/MAX Advantage

  1. A delay in making a principal payment on a mortgage that a bank allows a debtor for current financial difficulties.
  2. The extension of a loan at maturity at the 'going' market interest rate.
  3. A mortgage loan in which the amortization of principal is long-term based but the interest rate is short-term.

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

*** Your email address will remain confidential.

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ