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Day loanA loan from a bank to a broker prior to the delivery of securities. Upon the delivery of the securities, a day loan becomes a regular broker call loan for which securities serve as collateral.Day loan Similar MatchesLoan amortization scheduleLoan amortization scheduleThe timetable for repaying the interest and principal on a loan. Reduction Option Loan (ROL)Reduction Option Loan (ROL)A hybrid of a fixed-rate and adjustable-rate mortgage. An ROL the borrower to match the current mortgage rate, which then becomes fixed for the rest of the term. This reduction is usually allowed if rates drop more than 2% in a year. Loan PolicyLoan PolicyA title insurance policy insuring a mortgagee, or beneficiary under a deed of trust, against loss caused by invalid title in the borrower, or loss caused by invalid title in the borrower, or loss of priority of the mortgage or deed of trust. Nonrecourse loanNonrecourse loanA loan taken by limited partners used to finance their portion of the partnership, which is secured by their ownership in the venture. Term loanTerm loanA bank loan, typically with a floating interest rate, for a specified amount that matures in between one and ten years, and requires a specified repayment schedule. Further Suggestionsloan protection policyProject loan certificate (PLC) Builder buydown loan Rescheduled loans loan capital Broker loan rate unsecured loan stock Call loan secured loan Appel Loan (Accelerating Payoff Progressive Equity Loan) Homebuy loan loan Bridging loan Policy loan Nonpurpose loan Consolidation loan Construction loan Freddie Mac (Federal Home Loan Mortgage Corporation) Transaction loan Syndicated Loan Fixed Rate Loan currency loan Jumbo Va Loan Syndicated Eurocredit loans Multifamily loans |
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