Development Loan
A loan for the purchase of land or off-site improvements, rather than building costs. The land involved is used to secure the loan.
More Real Estate Definitons
Floor PlanX-BracingBarge CourseBuyer’s MarketVergeboardWater MarkRealtistEarnest MoneyWaste, Act ofUniversal AgentGable RoofBlue LawsAffiantKickerQuarterWytheVacateYieldGrainReassessmentZoneSalaryBusiness CycleDrift FenceEstate At WillOptionKerfJoint OwnershipKeeperInureFiber GlassYardFireplaceJumbo LoansVoltPracticing LawWork EquityComminglingRelief MapTollOwner OccupiedMade-Land