Definitions for "Loan Balance"
Keywords:  owe, lma, accrued, outstanding, unpaid
The current outstanding principal of a commercial line of credit loan. If this account is an LMA, loan balance is the principal balance (i.e. the amount borrowed less any principal repayments made) on this loan.
The amount of principal that a borrower owes.
The loan balance is the amount that the borrower still owes the lender on a loan.
Keywords:  capped, reverse, paid, off, home
Capped in a reverse mortgage by the value of the home when the loan is paid off.