HomeDefinitionsCompareDebt Whole loanThe financial definition for Whole loan:A term that distinguishes an investment representing an original mortgage loan from a loan representing a participation with one or more lenders. Similar MatchesMake whole provisionMake whole provisionRelated to the lump-sum payments made when a loan or bond is called, equal to the NPV of future loan or coupon payments not paid because of the call. The payment can be significant and negate the attractiveness of a call. Wholesale mortgage bankingWholesale mortgage bankingThe purchasing of loans originated by others, for the acquisition of the servicing rights. WholesalerWholesalerAn underwriter or a broker-dealer who trades with other broker-dealers, rather than with the retail investor. Click to compare definitions of Whole loan Click to view definitions beginning wh |