Back to Finance Glossary | Previous PageA loan option is an instrument to lock in the amount and cost of borrowing for a designated time period.
Loan options are done by allowing a customer to borrow at a guaranteed interest rate until the option expires -- regardless of any subsequent changes in market interest rates.
Latest Articles Related to Loan Option
Back to Finance Glossary | Previous Page
This web site is intended only to convey information. It is not to be construed as an investment guide or as an offer or solicitation of an offer to buy or sell any securities. The author has taken all usual and reasonable precautions to determine that the information contained in this website has been obtained from sources believed to be reliable.