Secured Loan

Business / Loan / Secured Loan: A loan secured by specific collateral. Creditor may foreclose and seize the specific property that is collateral to satisfy an unpaid secure loan.

Other Words for Loan

Loan Verb Synonyms: advance, allowance, credit, accommodation
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Home Equity Loan

Business / Loan / Home Equity Loan: A loan made to a current homeowner that is secured by the equity in the home. MORE

Unsecured Loan

Business / Debt / Unsecured Loan: An unsecured loan is a loan where the lender has no entitlement to any of the borrower's assets in the event of the borrower failing to make the loan repayments. Such a loan normally carries a higher MORE

Portfolio Loan

Business / Real Estate / Portfolio Loan: A loan originated and maintained by the lender and not sold in the secondary mortgage market. MORE

Prime Loan

Business / Loan / Prime Loan: A loan offered to borrowers with better credit history (sometimes called 'A' loans). Prime loans generally are priced lower and cost the borrower less. MORE

Project Loan Certificate (PLC)

Business / Finance / Project Loan Certificate (PLC): A primary program of Ginnie Mae for securitizing FHA-insured and coinsured multifamily, hospital, and nursing home loans. MORE

Project Loan Securities

Business / Finance / Project Loan Securities: Securities backed by a variety of FHA-insured loans-primarily multifamily apartment buildings, hospitals, and nursing homes. MORE

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