| 单词 | future-advances mortgage |
| 释义 | future-advances mortgagefuture-advances mortgageA real estate loan that contemplates some portion being funded— advanced—at the beginning of the loan, usually for a purchase of property.The amount advanced is not the full allowable amount under the loan so that future monies may be obtained as necessary for construction,renovation,or other uses in or for the property. |
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