Take-Out Loan

Filed Under »
Dictionary Says

Definition of 'Take-Out Loan'

A type of long-term financing (usually) on a piece of real property. Long-term take-out loans replace interim financing, such as a short-term construction loan. They are usually mortgages with fixed payments that are amortizing.    
Investopedia Says

Investopedia explains 'Take-Out Loan'

Take-out loans can be used for commercial real estate such as office buildings or other income-producing property. Zero-coupon mortgages are a new type of take-out loan. These loans require that interest and principal be paid in a single balloon payment at maturity.

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Bank

    A financial ...

  2. Mortgage

    A debt ...

  3. Balloon Payment

    An oversized ...

  4. Mortgage Originator

    An institution ...

  5. Lender

    Someone who ...

  6. Standing Loan

    A type of loan ...

  7. Delinquent

    The failure to ...

  8. Interest Rate Ceiling

    The maximum ...

  9. Fixed Interest Rate

    An interest rate ...

  10. Hybrid ARM

    A hybrid ...

Articles Of Interest

  1. What Is A Cash Flow Statement?

    Learn how the CFS relates to the balance sheet and income statement as a part of a company's financial reports.

  2. The Essentials Of Corporate Cash Flow

    Tune out the accounting noise and see whether a company is generating the stuff it needs to sustain itself.

  3. Will Corporate Debt Drag Your Stock Down?

    Borrowed funds can mean a leg up for companies, or the boot for investors. Find out how to tell the difference.

  4. When (And When Not) To Refinance Your Mortgage

    There are both good and bad reasons to refinance. Learn more about both here.

  5. Common Liabilities That Hurt Your Net Worth

    Every penny that you keep out of the liability side of the net worth equation essentially ends up on the asset side.

  6. Profit From Mortgage Debt With MBS

    Mortgage-backed securities can offer monthly income, a fixed interest rate and even government backing.

  7. How Lender Overlays Prevent Mortgages

    Loan applications are increasingly being rejected because of lender overlays.

  8. Protect Your Personal Assets

    A family limited partnership (FLP) can go a long way toward securing your family's property.

  9. What You Should Know About Home Appraisals

    Home appraisals are an unbiased way to determine a home's value. Here is what you need to know about obtaining one.

  10. A Tax Primer For Homeowners

    Go beyond interest and find out how mortgage points affect your taxable income.
Sponsored links

comments powered by Disqus
Hot Definitions

  1. Love Money

  2. Shark Watcher

  3. Judo Business Strategy

  4. Dogs Of The Dow

  5. Chinese Hedge

  6. X-Mark Signature

Recommended
Loading, please wait...
See More »
Trading Center