Maturity – Amount of time till the financing is actually totally due and you will payable
Limited cost of finance – Financing costs coverage where rates of interest towards the brand new fund try according to research by the price of new finance acquired when you look at the financial areas to fund this new fund. It costs rules contrasts that have financing rates according to research by the mediocre price of money currently received by a lender.
Master mention – A note (guarantee to repay) tend to used with line-of-borrowing financing to pay for present and you may upcoming credit means through periodic disbursements and you can costs out-of loan financing.
Particularly, a 5-seasons intermediate-identity mortgage keeps a readiness of five years
Home loan – A legal instrument (document) you to delivers a safety interest in real estate property on the mortgagee (i.elizabeth., a lender) because a warranty one that loan would be paid down.