CAN U HELP ME REF MORTGAGE TERMS PLS

Can anyone please tell me what an open ended mortgage means? :-[

Hi …i have a dumb question…what does REF stand for?

REF IS ABRIVIATION FOR REFERENCE, SORRY I SHOULD HAVE USED THE FULL WORD

This is in the Investing Glossary to your left…

Mortgage (Open-End) - A mortgage that allows additional money to be borrowed (up to the original loan amount) without refinancing the loan or paying additional financing charges

here is a link to the glossary

http://www.reiclub.com/real-estate-terms.php