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Reperforming Loan

Reperforming Loan Definition

Reperforming Loan (RPL) is a type of loan when payments were previously delinquent for at least 90 days but have started again. Missed payments have not always been paid back.  These borrowers have often filed for bankruptcy and the reperforming loan is part of those bankruptcy terms. 


Additional meaning of Reperforming Loan:

Reperforming loans are considered risky for mortgage investors.









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