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open-end mortgage |
Also found in: Legal, Financial | 0.01 sec. |
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open-end mortgage A mortgage which permits the mortgager to borrow additional funds for improvements after the original loan has been made and permits him to repay them over an extended amortization period. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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