LOC in Mortgage Meaning
The LOC meaning in Mortgage terms is "Line of Credit". There are 1 related meanings of the LOC Mortgage abbreviation.
LOC on Mortgage Full Forms
- Line of Credit Generally an informal understanding between the borrower and the bank as to the maximum amount of credit that the bank will provide the borrower at any one time.
Frequently Asked Questions (FAQ)
What does LOC stand for Mortgage?
LOC stands for Line of Credit in Mortgage terms.
What is the shortened form of Line of Credit in Mortgage?
The short form of "Line of Credit" is LOC for Mortgage.
Citation
LOC in Mortgage. Acronym24.com. (2021, December 15). Retrieved November 22, 2024 from https://acronym24.com/loc-meaning-in-mortgage/
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