Real Estate Glossary | What is Restructured Loan??

Q: What is Restructured Loan?

A Restructured loan is a loan that has been modified to better suit the needs of the borrower. This can include changes to the interest rate, the term of the loan, or the monthly payments. Restructuring a loan is often done to help a borrower who is having difficulty making their payments, and it can help them to avoid defaulting on the loan.

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