Permanent Construction Loan Law and Legal Definition
Permanent construction loan is a long term loan used to acquire an interim construction loan for extending periodic payments by a project's owner over a longer period of time. A permanent construction loan assists the owner in making manageable payments while insuring a constant long term income stream to the lender.
Legal Definition list
- Permanent Construction
- Permanent Closure [Energy]
- Permanent Cessation of Operations [Energy]
- Permanent Caregiver [Service-Disabled Veteran-Owned Small Business Concern Program]
- Permanent Benefit
- Permanent Construction Loan
- Permanent Custody
- Permanent Digital Downloads
- Permanent Disability
- Permanent Establishment [Internal Revenue]
- Permanent Flowage Easement
Related Legal Terms
- Acquisition and Improvement Loan [Veterans' Relief]
- Acquisition Loan [HUD]
- Acquisition, Development and Construction (ADC) Loan
- Adjustable Rate Mortgage Loan
- Administrative Cost of Issuing a Loan Guarantee
- Air Loan
- Allowance for Loan and Lease Losses
- Amortized Loan
- Association for Crime Scene Reconstruction [ACSR]
- Automatic Premium Loan Option
