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Mortgage Professor about alternatives to bridge loans: | |||||||||||||||||||||||
Shopping For a Mortgage On-Line
September 19, 2005, Revised December 5, 2005, Revised January 12, 2005 This article is on the why, which, and how of shopping for a mortgage on-line: why seek a mortgage this way, which sites are the best, and how do you shop effectively? Why Shop For a ... more... Why Are "No-Cost" Mortgages Not? March 20, 2000 "I was told that a certain mortgage lender offering loans on the Internet provided grants to first-time home buyers. The grants cover all settlement costs. Is this for real?" No. I went to the web site you mentioned, and found a mortgage broker ... more... |
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alternatives to bridge loans related definitions |
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Bridge Loan
Bridge Loan A bridge loan is a short-term loan, usually a second mortgage, run for 6 month but may be taken taken out for a period of 2 weeks to 3 years. The borrower's current home (which is usually "for sale") is ... more... Interim Financing Interim Financing A construction loan made during completion of a building or a project. A permanent loan usually replaces this loan after completion. Interim loans are used to bridge the gap between the construction loan and the permanent loan (hence bridge loans) ... more... |
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More about alternatives to bridge loans When Should You Consolidate Student Loans? What Is A FHA Loan? Sell Old Home or Buy New Home First? Home Loans: To Substantiate Financial Possibilities On Your Land Bridge Loans: Everything You Wanted To Know Consolidation Loans for Homeowners: When Multiple Credits Become a Burden How To Bankrupt Your Student Loans Loans Guide Debt Consolidation Loans How to Locate the Best Deal Unsecured Loans Substituting Secured Loans
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