Rollover Loan
Concept of Rollover Loan in the context of Real Property
A short definition of Rollover Loan: A loan which is periodically reviewed, adjusted (usually to reflect current interest rates) and extended. Short term loans can be rolled over into long term loans. The process is by initial agreement or by necessity.
Concept of Rollover Loan in the context of Real Property
A short definition of Rollover Loan: A loan which is periodically reviewed, adjusted (usually to reflect current interest rates) and extended. Short term loans can be rolled over into long term loans. The process is by initial agreement or by necessity.
Leave a Reply