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Real Estate Glossary

What is End Loan?

An end loan is a loan that is used to pay off a previous loan, typically at the end of a construction or renovation project. End loans may be used to refinance an interim loan or to finance the purchase of a property, and they may be secured by the property itself or by other collateral. End loans may be offered by a variety of lenders, including banks, mortgage companies, and private investors, and they may be subject to different terms and conditions than other types of loans.