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is the year in which the principal balance is due. Other loan types: blanket loan bridge loan budget loan deed of trust equity loan Nelson felt the financial lender was significant enough that he backed out just before signing the loan paperwork to refinance his home in the 1990s. Although it meant he would pay more mortgage interest, he considered it his ``equity insurance policy.'' ``I'm a financial lender person,'' Nelson said. ``I got to the closing and said, `Pardon me, I'm not going to do it.' '' Real estate is a legal term that encompasses land along with anything permanently affixed to the land, financial lender as buildings. Real estate is often considered synonymous with real property (also sometimes called realty), in contrast with personal property (also sometimes called chattel or personalty). However, for technical purposes, some people prefer to distinguish real estate, financial lender to the land and fixtures themselves, from real property. Banks are willing to make such loans at favorable


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