What does NPL mean in Mortgage?
This page is about the meanings of the acronym/abbreviation/shorthand NPL in the Business field in general and in the Mortgage terminology in particular.
Submitted by paul8539 on June 28, 2011
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Definition
What does NPL mean?
- Non-performing loan
- A non-performing loan (NPL) is a loan that is in default or close to being in default. Many loans become non-performing after being in default for 90 days, but this can depend on the contract terms.
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"NPL." Abbreviations.com. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.abbreviations.com/term/269483>.
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