Dry Loan

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Dictionary Says

Definition of 'Dry Loan'

A mortgage where the funds are supplied after all of the required sale and loan documentation has been completed and reviewed. For the buyer and seller, dry loans provide more insurance that the transaction will be completed without problems. Conditions surrounding the requirements of dry loans differ based on state laws.
Investopedia Says

Investopedia explains 'Dry Loan'

In a dry-funded mortgage, the seller will not receive any money until all necessary paperwork has been reviewed by the lending financial institution. Waiting for the documentation to be processed before any funds are transferred ensures the legitimacy of the sale. This process deters fraudulent activities in real estate transactions.
Search results for

'Dry Loan'

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    http://financialedge.investopedia.com/financial-edge/0910/Student-Loan-Changes-You-Need-To-Know.aspx
    ... Approximately $36 billion of the savings from the student loan reform will go to
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    ... Sign No.3 - The Baltic Dry Index turns sharply upward. The Baltic Dry Index
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    ... Then head to the grocery and pick up a block of dry ice, which is fairly cheap. ... Also,
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  • Fall Home Renovation Projects - Investopedia.com

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    ... for indoor painting. Summer is often too humid for paint to dry properly
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  • How Much Is A Homemaker Worth? - Investopedia.com

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    ... For instance, Susie's Suds Home Laundry Service, Inc. in Texas charges 90 cents
    to $1.00 a pound to wash, dry, fold, hang and steam your clothes. ...

  • How To Build A Stockpile To Save Money - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0811/How-To-Build-A-Stockpile-To-Save-Money.aspx
    ... You might want food items like bottled water, protein bars, canned goods, dry goods
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  • 5 Tips To Save Your Green While Staying Green - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0910/5-Tips-To-Save-Your-Green-While-Staying-Green.aspx
    ... the hot water option. Ignore Your Dryer Let everything air dry in your
    apartment instead of using a dryer. You can buy racks or ...

  • DryShips Carries Heavy Risks

    http://stocks.investopedia.com/stock-analysis/2011/DryShips-Carries-Heavy-Risks-DRYS-PBR-DB-DAC-EXM0413.aspx
    ... relayed it is "seeing increasingly attractive opportunities to purchase dry bulk
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  • Online Degree Programs With Big Demand - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0212/Online-Degree-Programs-With-Big-Demand.aspx

  • China's Real Estate Bubble - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0711/Chinas-Real-Estate-Bubble.aspx

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