Future Advance

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Dictionary Says

Definition of 'Future Advance'

A clause in a mortgage which enables the lender to advance funds after the loan closing. The initial agreement of the loan remains intact in that no additional collateral is required, and no refinancing is necessary. Future advance can refer to a variety of loans such as home equity loans, construction loans and commercial loan advance mortgages where the amount of the loan has not been fully used at the time of loan closing.
Investopedia Says

Investopedia explains 'Future Advance'

A future advance is most commonly used with regards to construction work. Contractors are often paid on a schedule as the work is completed, with a portion held until all work is finalized, and with the building being built used as collateral.
Search results for

'Future Advance'

  • Advance Auto Hits The Gas Pedal

    http://stocks.investopedia.com/stock-analysis/2010/Advance-Auto-Hits-The-Gas-Pedal-AZO-AAP-ORLY-SMP1115.aspx
    The increasing age of cars on the road could create a roaring future for
    Advance Auto Parts, and the entire auto parts industry. ...

  • Options and Futures: You Already Trade Them - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0210/Options-and-Futures-You-Already-Trade-Them.aspx
    ... contract: he or she is obligated to buy a specified good at a specified date in
    the future. Unlike the seller, the bidder usually knows in advance what price ...

  • Advance Auto Looks Relatively Cheap

    http://stocks.investopedia.com/stock-analysis/2010/Advance-Auto-Looks-Relatively-Cheap-AZO-ORLY-AAP-BH0610.aspx
    ... indication that Biglari feels the same way about the future of AAP. The Bottom Line
    A relative valuation is not perfect, but in the case of Advance Auto, it ...

  • Behind The Euro: History And Future

    http://www.investopedia.com/articles/economics/12/Behind-the-euro-history-and-future.asp
    Behind The Euro: History And Future. ... the EMU was to increase borrowing limits with
    the expectations that the leverage could be used to advance each country's ...

  • Earnings Sustainability: The Key To Your Investing Future

    http://www.investopedia.com/articles/fundamental-analysis/09/sustainable-company-earnings.asp
    ... Also, historical increases in R&D that don't result in increased future sales should
    be a red flag for investors. ... Source: Advance Micro Devices 10-K. ...

  • Diversifying A Concentrated Stock Position

    http://www.investopedia.com/articles/stocks/11/diversify-stock-position.asp
    ... In a VPF transaction, the investor with the concentrated stock position agrees to
    sell their shares at a future date in exchange for a cash advance at the ...

  • 10 Simple Steps To Financial Security Before 30

    http://www.investopedia.com/articles/younginvestors/08/generation-y.asp
    ... As such, the prospect of planning far into the future is a daunting task and ... Setting
    short-term goals that will help you to advance in your career is important ...

  • 8 Financial Tips For Young Adults Slideshow | Investopedia

    http://www.investopedia.com/slide-show/financial-tips-for-young-adults/control-your-future.aspx
    ... 2. Take Control of Your Financial Future. ... to prepare you for success in a world that
    seemed eons away, you need to prepare for your retirement well in advance. ...

  • 8 Considerations For Using Your Credit Card Abroad - Investopedia. ...

    http://financialedge.investopedia.com/financial-edge/0711/8-Considerations-For-Using-Your-Credit-Card-Abroad.aspx
    ... All purchases accrue points that can be redeemed for future travel; stays at Starwood
    hotels ... like an ATM card, you'll have to pay both a cash advance fee and ...

  • Top 9 Questions Investors Should Ask Management

    http://www.investopedia.com/articles/stocks/08/questions-for-management.asp
    ... (For related reading, see Can Earnings Guidance Accurately Predict The Future?)
    Question 7 ... Results.) Question 8: Do you have any plans to advance or promote the ...

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