Mortgage (Open-End) is a mortgage with a provision that permits borrowing additional money in the future without refinancing the loan or paying additional financing charges. Open-end provisions often limit such borrowing to no more than would raise the balance to the original loan figure.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). mortgage (open-end). Retrieved September 22, 2026, from http://smartdefine.org/mortgage_(open-end)/definitions/1158454 |
| Chicago | Barry Goldsmith. 2010. "mortgage (open-end)" http://smartdefine.org/mortgage_(open-end)/definitions/1158454 (accessed September 22, 2026). |
| Harvard | Barry Goldsmith 2010, mortgage (open-end), Smart Define, viewed 22 September, 2026, <http://smartdefine.org/mortgage_(open-end)/definitions/1158454>. |
| MLA | Barry Goldsmith. "mortgage (open-end)" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/mortgage_(open-end)/definitions/1158454> |