What is miniperm financing?
A loan that combines the construction period with a few years of permanent financing through early stabilization, avoiding a separate take-out and the risk of refinancing into an uncertain market.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.