Bridge Loan For Home Purchase
Contents Large commercial properties Traditional bridge loans Dual mortgage payments Gap mortgage basics considerations. gap mortgages Home. banner bank bridge loans offer A "bridge loan" is basically a short term loan taken out by a borrower against their current property to finance the purchase of a new property. Also known as a Home In more technical terms, a bridge loan is a special-purpose refinance of your existing home loan. It’s special because everyone involved (you and the bridge loan lender) knows that the bridge loan is temporary. A bridge loan…
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