251 loan
251 loan
A standard FHA-insured mortgage loan for one- to four-family residential properties at adjustable interest rates.The comparable fixed-rate program is called a 203(b) loan.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive
Significant Concentration of Specially Serviced Loans and High Expected Losses: The pool is highly concentrated, with seven of the original 251 loans remaining.
Concentrated Pool: Only seven of the original 251 loans remain.
Concentrated Pool: Only 10 of the original
251 loans remain.
Copyright © 2003-2025 Farlex, Inc
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.