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Definitions from WordNet

Definitions from the Web

Real Estate Loan

Definition:

A real estate loan is a financial agreement in which borrowers secure funds from a lender for the purpose of buying, refinancing, or investing in real property.

Senses:

Sense 1:

Part of Speech:

Noun

Definition:

A loan specifically tailored for real estate transactions.

Example Sentence:

I applied for a real estate loan to finance the purchase of my new house.

Related Products:

• Books on Real Estate Loans
• Courses on Real Estate Loans

Sense 2:

Part of Speech:

Noun

Definition:

A loan secured by a mortgage on real property.

Example Sentence:

The bank approved my real estate loan, and now I can proceed with buying the commercial property.

Related Products:

• Mortgage Loan Products
• Books on Real Estate Investment

Sense 3:

Part of Speech:

Noun

Definition:

A loan specifically used for renovating or refurbishing real estate properties.

Example Sentence:

The real estate loan allowed us to renovate the old building into a stunning hotel.

Related Products:

• Home Remodeling Tools
• Books on Interior Design