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|English to Russian translations [PRO]|
|English term or phrase: step loan|
|Quote: Other lending programs may include reverse mortgage and step loans. End quote.|
|Poetapnye kredity (ssudy, zaimy/zaemy, etc.)|
It would help to see some additional context as there may be several types of "step loans". Normally, a loan is paid out "transhami" (though there is a word "tranche" in English, it's rarely used, especially if the writer is American). Another meaning of "step loan" could be similar to "bridge loan" (i.e. a temporary loan).
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