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Real Estate Loan (Noun)

Meaning

A loan on real estate that is usually secured by a mortgage.

Classification

Nouns denoting possession and transfer of possession.

Examples

  • The bank specializes in offering real estate loans to first-time homebuyers with competitive interest rates.
  • Applying for a real estate loan can be a lengthy process requiring a lot of paperwork and financial documentation.
  • To qualify for a real estate loan, borrowers typically need to meet strict credit requirements and provide proof of income.
  • Real estate loans can be customizable, offering a range of options such as fixed or variable interest rates and repayment terms.
  • The business owner opted for a commercial real estate loan to purchase the office building and expand their operations.

Synonyms

  • Mortgage Loan
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