Conventional Loan
Glossary of Terms Related to Commercial Mortgages and Loans
Generally, a long-term loan made by a bank or other lending institution to relatively credit-worthy borrowers, and secured by an existing commercial property.
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Conventional LoanGlossary of Terms Related to Commercial Mortgages and LoansGenerally, a long-term loan made by a bank or other lending institution to relatively credit-worthy borrowers, and secured by an existing commercial property. |
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