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bullet loan |
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Bullet loan A bank term loan that calls for no amortization. bullet loan A loan with a 5- to 10-year term,no amortization,and the entire principal balance due at the end. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Second, the initial wave of major refinancing activity needed to bail out the short-term bullet loans issued at the peak of the market will start coming due over the next two years. But it is not just the wall of money, it is the pace of innovation which each month brings a new twist - bullet loans, Although rental rates and market values have come back somewhat, they are nowhere near the levels of the 80's when these loans were made, and when these bullet loans come due, banks and insurance companies face a difficult decision. |
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