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LendingRisk.com Mortage Industry Dictionary

Terminology, definitions, terms, explanations, and documents for business professionals in the mortgage lending and mortgage risk management industries.

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Construction To Permanent

A loan in which the proceeds are used for construction financing and converted to permanent financing when the construction phase is completed.

See Construction Only
See Loan Purpose Type
See Mortgage Loan Purpose Type Overview
See Refinance

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Terminology, definitions, terms, explanations, and documents for business professionals in the mortgage lending and mortgage risk management industries.