Rollover Loan
Definition of "Rollover loan"
- A delay in making a principal payment on a mortgage that a bank allows a debtor for current financial difficulties.
- The extension of a loan at maturity at the 'going' market interest rate.
- A mortgage loan in which the amortization of principal is long-term based but the interest rate is short-term.
Popular Real Estate Terms
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An agreement, debt, or low which can be operationalized, fulfilled, completed, or performed. ...
Founded in1934 and located in Chicago, IL with a 1993 membership of 8,300, the IAAO seeks to ameliorate assessment standards as well as to perform ongoing property assessment research. The ...
Square footage of space a parcel of land has. ...
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