"outstanding loan" is correct and usable in written English.
You can use it to refer to a loan that has not yet been paid in full. For example: "The business was insolvent due to an outstanding loan from their bank."
They'd have to do so even if the home was worth less than the outstanding loan.
(A mortgage is "underwater" if the outstanding loan is bigger than the value of the property).
I still have an outstanding loan of 250,000 rupees (£2,800) to pay off.
The scheme's outstanding loan portfolio totalled $4.9 billion in 2011; the number of active borrowers that year stood at 8.5m.
Red Football Joint Venture will "prepay 100 percent from the outstanding loan on Nov. 22," the team's parent company said.
The second fee, known as the annual mortgage insurance premium, will remain at 1.25 percent of outstanding loan balance.
Zillow's report looks at current outstanding loan balances for owner-occupied homes, and compares them with those homes' estimated values.
Individuals' outstanding loan amounts are now almost half of what they were at their peak in late-2007/early-2008.
It'll cost you — in this case, 1percentt of your outstanding loan, half of it in advance.
3.45pm: Port Vale have gone into administration, as a result of outstanding loan payments and unpaid tax bills.
Verification of outstanding loan debt from lenders or servicers, including a summary statement of total outstanding loan balances, required monthly repayment, history of previous loan payments, and information about your repayment plan and expected payoff dates.
