A permanent lender provides long-term financing for real estate projects, typically following the completion of construction. Unlike construction lenders, who offer short-term loans for building and development phases, permanent lenders focus on financing properties for extended periods.
With over 3,000 definitions (and 30,000 Quizes!), our Lexicon of Real Estate Terms equips buyers, sellers, and professionals with the knowledge needed to thrive in the real estate market. Empower your journey today!