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What is OPEN-END LOAN?

A loan that can be expanded incrementally, up to a fixed limit. The loan is secured by the same mortgage throughout.

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Related Legal Terms
FIXED RATE LOAN, MAXIMUM LOAN AMOUNT, MORTGAGE LOAN, COMBINATION LOAN, SUBPRIME LOAN, OPEN END MORTGAGE, OPEN MORTGAGE, NINA LOAN, PERSONAL LOAN, SAVINGS ACCOUNT LOAN


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Related

  1. FIXED RATE LOAN
  2. MAXIMUM LOAN AMOUNT
  3. MORTGAGE LOAN
  4. COMBINATION LOAN
  5. SUBPRIME LOAN
  6. OPEN END MORTGAGE
  7. OPEN MORTGAGE
  8. NINA LOAN
  9. PERSONAL LOAN
  10. SAVINGS ACCOUNT LOAN

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