Bridge Loans
Mortgage Bridge Loans
Mortgage bridge loans are essential to individuals who are looking to buy a new property while they are still selling their current property. This type of loan is for people who have not yet made up their minds about selling their property or have found a property which they do not want to let go. […]
Residential Bridge Loans
Many homeowners and homebuyers are not familiar with residential bridge loans. Bridge loans, also sometimes called swing loans, are short-term loans that usually come with high interest rates. The name is quite fitting for this type of loan because it fills in the time until the borrower can secure long-term financing. In addition to residential […]
Real Estate Bridge Loans
Many real estate investors are familiar with real estate bridge loans, but if you are new to the world of real estate you may not be familiar with this type of loan. A bridge loan is short-term, and provides credit to the borrower with high interest. The name describes the main purpose of the loan, […]
How Does a Bridge Loan Work
Bridge loans are becoming increasingly popular because of current housing market values and the economy. Homeowners are finding themselves upside down on their mortgage, while other property values are extremely low. Jumping ship on a mortgage shouldn’t be a surprise with today’s economy, and many homeowners are taking advantage of bridge loans to help them […]
Bridge Loans for Homes
There are many different types of loans and strategies used for purchasing a new home. Bridge loans for homes are used for those who are selling one house, and buying another. For example, if an individual is purchasing a new home, and their existing home hasn’t sold yet, they will use a bridge loan for […]
Commercial Bridge Loans
Commercial bridge loans can best be described as a loan that is taken out for a commercial property until you are able to obtain another form of financing. Possibly, the biggest advantage that this type of loan offers is the lack of paperwork and the speed at which they are approved. In fact a commercial […]