The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: Finance

What Is an Underlying Mortgage?

Underlying Mortgage Overview An underlying mortgage is an original loan taken out by a housing cooperative to finance the purchase of the land or building that it occupies. This term may also

What Is an ALPLN Loan?

ALPLN Loan Overview An ALPLN loan is a type of private student loan. The terms “private” and “alternative” may be used interchangeably to describe this student credit facility. They tend to carry

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