Carryback loan - How To Discuss
By Sophia Carter
Carryback loan,
Definition of Carryback loan:
A loan made by a seller to a buyer to finance part of the purchase price. For example, a buyer who was not able to get a large enough mortgage to purchase a house might get a carryback loan from the seller to make up the difference.
Meaning of Carryback loan & Carryback loan Definition