Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator
Mortgage Professor about bridge loan: 
How Can I Buy Before I Sell?
July 19, 1999, revised January 6, 2006 "I need to use the equity in my existing house to buy a new one, but it looks like I am going to have to close on my new house before I am able to close on my old one?How do I handle this?" I am assuming you have exhausted all ... more...

Market Niches Priced on Line
All UMLs fill out this form and display it on their web site. Comments by Mortgage Professor Loan Programs Priced On-Line by LENDER X     ... more...

bridge loan related definitions

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...

More about bridge loan

Get Free bridge loan Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Wise Cash Flow Management for Solopreneurs
Lets take a look at the many aspects of wise cash flow management. Understanding. You all know the money out is called Accounts Payable, and the money coming in is called Accounts Receivable, right? Your Accounts Receivable get generated from the sale of your products, the fulfillment of service ... more...

Should New Orleans Be Rebuilt?
Many are questioning if New Orleans should be rebuilt. The basic argument goes New Orleans is 10 feet below sea level and to rebuild it would be very foolish. Then you have those who reply they Rebuilt San Francisco after the Earthquake. We rebuild Oklahoma City after the Tornado's why ... more...

Two Headlines, Katrina and Rita
Looking over the Internet today 2 Headlines grabbed my attention. One Headline stated that the death toll from Hurricane Katrina. The 2nd Headline talked about Hurricane Rita and how over 1,000 People had already signed up to be evacuated by Buses supplied by Galveston Texas.Here we are less then ... more...

Uses for Secured Loans
There are so many reasons why you might want to use a secured loan. Secured loans are loans from lending institutions that use some of your assets or equity as collateral. That means that you can offer the bank your house or your car or your stock certificates in exchange for money. Obviously, the ... more...

A Simple Strategy to Send Your Child Away to College and Earn Money At the Same Time
Here is a simple strategy you can use to kill 2 Birds with one stone. Send your child to college and Invest in College town real estate to help pay off the Student Loans.College Housing can often be expensive, Living in a dorm is not the most favorable living conditions for Most College students ... more...

10 Steps for Simplifying Business Plan Financial Statements
For most business owners and entrepreneurs, preparing, and communicating the financial statement section of a business plan is like trying to give driving directions to someone who doesn't speak the same language."Numbers" is the language most investors speak. But, it is also the language that ... more...

A Painless Way We All Can Help The Hurricane Katrina Disaster Victims!
Hurricane Katrina was a terrible Disaster. Listening to the News it appears that it will take about 80 Days that's almost 3 Months just to get the water out of the city. Estimates on the rebuilding effort start at 75 Billion and go up from their. They still don't know or even want to guess at a ... more...

Hurricane Katrina - Would National ID Bracelets Help Re-Unite Families?
I for one have never been in favor of a national identity card, but in the wake of Hurricane Katrina my thoughts on the matter are changing. It is just unbelievable how many parents got separated from their children. A national identity card for children under 14 would certainly have enabled more ... more...

Beware Of The Hurricane Katrina E-Mail Identity Theft Charity Scam
Just how low will people go. It seems there are a handful of dishonest people sending out E-Mails Requesting Donations to help the Hurricane Katrina Disaster victims. Not only will these Low Down Belly Crawling Pond Scum Steal your donation, they will steal your credit card or bank account ... more...

Al-Qaeda and Hurricane Katrina - an Unlikely Pair
It is sickening me to see that Al-Qaeda claims that Hurricane Katrina is the wrath of God against America for wrongs committed against Muslims. Al-Qaeda claims to hate Americans and other westerners because of some perceived wrongs they claim Westerners have committed against Muslims. Isn't it ... more...

Return to previous page   More articles on bridge loan
Shop For Your Mortgage Now!
Shop For Your Mortgage Now!

You'll be re-directed to Top-Lenders.com

Want to Know Your Rate?
Get Customized Mortgage Quote Instantly

Mortgage Indexes Info
30 Yr Fixed Rate
15 Yr Fixed Rate
5/1, 3/1 ARM
CODI
COSI
12 MTA
COFI 11th District, Federal
12 Month LIBOR (USD)
1 Year CMT
Market Indexes Info
WSJ Prime Rate
FNMA
Federal Funds
30 Year Treasury

 

ExplainingMortgages © 2005 - 2009