Permanent Mortgage
A mortgage on completed construction for a long period of time, usually over ten years. See also: Take Out Loan.
More Real Estate Definitons
EDAProspectOTSGrantorCMOGarnishmentX-BracingMarqueeZoning MapDoneeHardwareYieldPanel HeatingCall LoanExecutor'S DeedHutchExterior FinishYard LumberJoint NoteGrainTownhouseUCCNet IncomeGuarantyQuiet EnjoymentEffective AgeHumidifierDual AgentKeene'S CementKey TenantSkylightUnderpassRetaining WallKnock DownIn ReLettingZoneOption to RenewHarborExpressEndorsementUtility