Mortgage Knowledge Base
Loan Types
Bridge Loan
Bridge LoanBridge loan is an effective vehicle which is used until the permanent financing is put in place. It is a financing secured by a borrowers current home and is used to finance the purchase of a second home. It is also known as swing loan, gap loan, or bridge financing. Features of Bridge loan:
More References A bridge loan can be expensive, as such it should only be used for a short period of time. By securing a home loan as soon as possible you can save yourself a lot of money. Visit Accessible Home Loans for more.Bridging Loan – Lagoon Bridging Loans & Finance – Low rates, quick decision, no fuss, ho hassle. Residential and Commercial Bridging Loans. |
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