One, because their loans have matured and they have obligations" - a reference to the borrowed money on which so many real-estate empires were built.
One drawback: these mortgages may be hard to sell before the loan matures, because there is no organized secondary market.
As the loan matures, larger portions go towards paying down the principal.
The loan will mature and be extendable on terms similar to that of the secured loan.
In most states, the loan matures within 30 days but can be refinanced for another two months.
That was down sharply from $5.6 billion on July 31 as many loans matured and were not renewed.
In this short-term money market most loans mature within twelve months.
The next loan matures in a year.
Interest, generally 10.5 percent, compounds annually and is due when the loan matures in three years.
However, all accrued interest can be realized when the loan matures.